Sold

Established Manufacturing Biz, Make it Your Own

SOLD

Performing a key function critical to most aspects of this industry, this 26-year-old very scalable business has multiple capabilities that completes the industry and enables their finished products to be both functional and look very good.

 

Currently run by the owner plus one staff member, this business is probably currently only working with just 50% of the industry; and the industry needs a Husband and Wife team or entrepreneurial owner to take it over and to the next 3 levels or so. With no sales function currently in the business, the longevity and excellent performance history of this business is continuing to generate its own workload on a daily basis.

 

The Vendor is working towards retirement and is prepared to continue in the business as an employee on the production side for the next couple of years at least, to allow the new owners the time and space to grow the business further, maybe throughout the North Island - perhaps even nationally.

 

Light manufacturing experience would be an advantage but not completely necessary by any means as the expertise would remain in the business on the production side.

*Average EBIPTDA over last 3 years is $122,000 / $142,000 average over the last 2 years.

 

Priced appropriately to encourage young owners into the business at $352,000 plus GST if any. Price includes approximately $60,000 plant & equipment.

 

If you are interested in owning this business, contact Mike today - visit www.barkerbusiness.co.nz, register your details and submit the online Confidentiality Agreement for reference #2114. Once Mike receives your expression of interest he will be in touch.

 

*Source of information - Supplied by the Business Owner.

 

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

Details

Price SOLD
Business ID BBS2114
Category Industrial/Manufacturing

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