Sold

Joinery Company *5 Month Cash Surplus Circa $440K

SOLD

Independently owned and operated for 18 years, this North Shore based Joinery Company is a profitable, thriving business showing great growth, excellent returns and a prosperous future. The business returned circa *$400K to the Vendor last year and has already surpassed that in the first 5 months of this financial year. Projected sales for this year are on track to hit *$5M - $6M, well surpassing last year's $4M turnover! Associated with a first class supplier with superior systems and long standing experienced staff members, we believe the company is a solid business investment. *There is a significant pipeline of confirmed work with a huge amount of quoted work likely to come in. The business is in a great position with the large commercial expansion in the surrounding area and to top it off, the buoyant residential and commercial construction market leaves a very attractive opportunity for the successful purchaser.

The operation is tidy with an open plan office environment, a large clean factory for manufacturing and there is ongoing work at various stages of completion. There is a core group of repeat customers and the company is also involved in tendering to construction companies for schools/factories and housing developments. This is a proven business with very little bad debt and the added bonus of great cashflow with prepaid deposits, then cash on delivery. All these things plus the significantly increased earnings presents a phenomenal opportunity. Please note: Due to confidentiality the location is listed as our office in Albany. True location can be disclosed after receiving a confidentiality agreement.

Asking Price: $1,220,000 Including Stock & Plant. For more, visit www.barkerbusiness.co.nz, register your details and submit the online Confidentiality Agreement for reference #1902. Once Alan receives your registration of interest he will be in touch.

*Source: Information supplied by the Business Owner or the Owners Agent(s). Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2016.

Details

Region Auckland
Price SOLD
Business ID BBS1902
Category Industrial/Manufacturing

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