No photo available
A company that imports and sells building products to the Norwegian market is now for sale. The company sells directly to artisans. Since the company has employees who help the craftsman to design, and because of simple and efficient operation, as well as good product quality, the company has the opportunity to take good profit margins. The company has established solid suppliers, but has not fully committed, and can thus switch to other suppliers if desired. The products are sold under their own brand, which means that the customer has loyalty to the company and not to the supplier. Although the company has a warehouse, where several of its employees work, it is possible for a general manager to operate the company from a home office in another city, because it is invested in administrative systems that make it possible to work with a home office as its main base. There is also potential to move headquarters and to add more inventory in several major cities. This opportunity can both accelerate growth as well as make it possible to move the head office to another location in the country. The company has seen solid growth in both sales and profitability in recent years, and has estimated profitability in 2012 to be approximately NOK 6 million. The owners believe there is a good opportunity for future growth.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.