Plumbing & Bathroom Supplies Merchant, Hastings

Plumbing & Bathroom Supplies Merchant, Hastings — Retail · Hastings · Asking $1,500,000 · Revenue $2,687,856

Long-established plumbing and bathroom supplies merchant in Hastings, trading for around 70 years 100% owned by the same family, part of the Plumbing Plus buying group for competitive product access Operates from three Hastings locations: a store/warehouse, a bathroom showroom and a trade warehouse Good turnover and a proven track record across plumbing, engineering, agriculture and horticulture…

DealProspect/Listings/Retail

Plumbing & Bathroom Supplies Merchant, Hastings

Wholesale & Distribution

ActiveRetailHawke's BayB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$1,500,000

Disclosed · NZD

Revenue

$2,687,856

TTM

Earnings (est.)

~$379,794

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.9×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established plumbing and bathroom supplies merchant in Hastings, trading for around 70 years
100% owned by the same family, part of the Plumbing Plus buying group for competitive product access
Operates from three Hastings locations: a store/warehouse, a bathroom showroom and a trade warehouse
Good turnover and a proven track record across plumbing, engineering, agriculture and horticulture trades
On the market following the managing director's passing; price includes $1,000,000 of stock

Brief

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