Sold

Manufacturer Huge Profits and Growth

SOLD

*Owners surplus $480,000

 

This long established East Tamaki manufacturing and Installation Company shows excellent year on year growth and great profits. The 2017 financial year shows an EBIPTDA figure of *circa $438K, or a cash surplus to a husband and wife (25 hours p/w) team of *circa $480K. This is excellent buying at those returns!

 

*SALES Ex. GST:

2015 = $1,208,060

2016 = $1,435,967

2017 = $1,887,268

 

Consistent growth continues this financial year with the first 3 months turnover up *$189K and profitability up $69K, at the same point last year. There is a huge pipeline of secured work and the Vendor is willing to stay within the business which offers excellent security. The company’s Operations manger moved on and a new one was appointed internally so there is a circa $95K salary (plus bonus) still available in the business. You can potentially keep the Vendor on without affecting the advertised profits!

 

The business has it all:

 

• Security with the Vendor prepared to stay within the business

• A company that offers a quality product & service within thriving building market

• Huge pipeline, with more confirmed work than ever!

• Increased profits and consistent history of growth

• An extra *$95K wage up the sleeve of incoming owner!

 

Associated with a first class supplier with superior systems, quality products, a pipeline of work and the support from the Vendor, this highly profitable thriving company presents a phemonimal opportunity at an excellent market price on the historic returns.

 

Asking Price: $1,140,000 Including stock and plant

 

* Source: Information supplied by the Business Owner or the Owners Agent/s.

 

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz, register your details and submit the online Confidentiality Agreement for reference #2115. Once Alan receives your expression of interest he will be in touch. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

Details

Region Auckland
Price SOLD
Business ID BBS2115
Category Industrial/Manufacturing

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