Price
$1,100,000
Profit *
$653,403
Sales Revenue
$4,238,401
Location
Auckland Region, Auckland City
Category
Industrial Manufacturing, Manufacturing/Engineering
Listing #
EL03287
This long term consistent performer designs, manufactures, and markets a high-demand range of products and components used across a wide industrial and commercial sector in New Zealand and Australia. The business also imports and distributes an extensive range of related products with long standing supply relationships.
As well as manufacturing a range of standard products, the business designs and manufactures to customer specifications from modern workshops equipped with CNC technology meeting latest international standards.
The business has a good risk-spread across a range of very long-standing customers.
The business is based in Auckland with branches in the South Island and Australia working from vendor-owned premises.
The vendor is retiring and will be available to provide sound transitional assistance.
The investment required includes stock at $500,000. The transfer of the business will require a commitment by the buyer to purchase additional inventory with a cost value of approximately $3.9 million over an agreed time span.
Tony Andrew, 021 938560, [email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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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