Sold

EBPIDTA $229K p/a. Sales $1M + up 4% on last year

SOLD

Light manufacturing industry related business located in a brilliant West Auckland location. The vendor currently works approx 30 hours in the business but this could be turned into 10 if you wanted to run it as is. The building has no signage, virtually no money is spent on marketing the business as it has been easy for the last 15 years. Great Service and word of mouth means customers keep coming. Easy to expand this business through adding an extra shift, marketing the business and watching the profits soar, it all depends on how hard you want to work really. Priced at $620,000 with a multiple of only 2.69x (on returns of $229,000) this is very fairly valued. The business comes with $355,000 physical assets and $40,000 stock, hence you would need around $120,000 as an investment (Cash of Equity) for a bank to loan on this business. Asking Price: $620,000 Interested? Please complete the ONLINE confidentiality agreement for ref #1487 and Brett will be in touch. Licensed REAA 2008 COPYRIGHT BARKER BUSINESS BROKERAGE 2011

Details

Region Auckland
Price SOLD
Business ID BBS1487
Category Industrial/Manufacturing

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