Company Profile
This garden hose business came with a neat product range and a small customer database. Having been run as a side business by the owner, it wasn't planned to grow any further.
Reason for Sale
The owner had decided to close the business entirely and walk away, but was recommended to Bonza from by a friend. With one final batch of inventory on the way, she decided to try the market.
Process
Once listed, the business attracted 86 buyer enquiries in just 66 days. The owner's goal was to not have to invest any further into the business before it sold. The final batch of stock was more than enough to see the buyer through to contract completion.
Outcome
The business sold for $104,000, far exceeding expectations. The transaction was completed in just 66 days.
Business Sold
- Price: $104,000
- Sold in: 66 days
Client Feedback
"Red hot tip - don’t close your business down, get Bonza to sell it for you." - Dani, Bonza Client
