Price
$1,120,000 plus Stock
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Bay of Plenty Region, Tauranga
Category
Industrial Manufacturing
Listing #
20150
An established business of 20 years in Tauranga. The present owners have been at this location for approx. 12 years and the business has grown and grown – now with a full time team of four plus two contractors and two working owners (part time).
Operating 5 days a week from a custom built workshop with an excellent sales yard for 7 day a week private viewing and adequate car parking for staff and the public. The cul-de-sac location provides easy access for transportation of both raw material deliveries and providing the finished product to customers.
With a monopoly currently in the marketplace for this popular storage product the professionally managed business by the husband and wife team deserve special praise. A loyal Staff, (some have been with business for over five years) the family style of leadership is apparent, and this allows the owners the opportunity to release responsibility to their key employees when they are away from the business.
With revenue sales well in excess of $1million and growing there is an excellent lease in place with rent/rates $34,626 p/a.
At 31st March 2016 a budgeted net surplus of $375,056 is evidence of a well-managed profitable business showing consistent growth year by year. 2016/17 budgeted surplus expected to be over $400,000.
The plans for future growth are in place with increased marketing to the public through the business website and also forming greater relationships with industry partners and public display promotional opportunities.
Full details may be provided by way of an Information Memorandum on completion of our Confidentiality agreement and a private discussion with the Broker.
Price + Stock.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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