Sold

Solid Manufacturing Business – North Shore

SOLD

-   Long History: Founded in the early 80’s with four-decades of history, this manufacturing business has built a strong reputation and a broad, stable client base
-   Modern Plant & Equipment: Recently upgraded plant and equipment provide a solid asset base, with no immediate future capital requirements
-   Steady Cashflow: The consistently strong forward orders coupled with substantial deposits provides exceptional cashflow meaning working capital requirements are minimized compared to similar investments at this level
-   Growth and Profitability: In 2023FY, sales surged by a million dollars, leading to a cash surplus of *$792K. 2024 remained strong with earnings reaching *$714k for another solid profitable year

Key Highlights:
-   Experienced Team: 8 full-time skilled staff who are versatile and able to interchange between roles ensures smooth operations and maintains high-quality standards
-   Well-Structured Management: *Efficient management processes and the appointment of a full-time office manager strengthen the company's internal structure, providing stability for the new owner
-   Vendor Support: The current owner is willing to offer ongoing support, making the transition seamless for the new owner
-   Resilience in All Markets: operating in the higher end of the market *business remains robust with a strong forward order book and a constant level of enquiry showcasing its ability to perform well in any market condition

Asking Price: $1,450,000 (includes Stock & Plant)

Inquire now for more details, visit the Barker Business website, search 3505, register your details and submit the online Confidentiality Agreement. Once Alan receives your registration of interest he will be in touch.

*Source of information - Supplied by the Business Owner. 
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2024.

Details

Region Auckland
Price SOLD
Business ID 3505
Category Industrial/Manufacturing

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