Sold

Manufacturing Icon - $1,252,685 Cash Surplus

SOLD

This is a special business and an industry leader at the forefront of its field in the quality and design of its 100% New Zealand made products.

As well as being multi-award-winning through the creative endeavours of a very dynamic team, this iconic business within its industry is the largest stock supplier of replacement parts in NZ.

Established 20+ years with $9M+ of quotes in the pipeline, a brand-new product range just launched, a current average monthly turnover between $300-$400K and a 2019 Cash Surplus of $1,252,685, it s time to sit up and pay attention!

Barriers to entry are significant due to it taking 15 years to establish a reputation as an industry leader. With only four main competitors that all import and only work with new installs, this business holds a unique competitive advantage through ongoing service and maintenance.

Reason for sale? The owners are ready to retire and enjoy the fruits of their labour. In the opinion of the current GM the ideal buyer would be a business developer, not involved in the day to day running of the business.

So with steady profit growth, great cashflow with no recorded debt how many more boxes do you need ticked?



Asking Price: $5,010,740 which includes equipment,
vehicles & stock.

For more information on this business please visit 
www.barkerbusiness.co.nz/BBS2530, register your details
and submit the online Confidentiality Agreement. Once
Sean receives your expression of interest he will be
in touch. 

Licensed REA 2008. Copyright Barker Business
Brokerage Ltd 2019.

*Source of information - Supplied by the Business Owner.

Details

Region Auckland
Price SOLD
Business ID BBS2530
Category Industrial/Manufacturing

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