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For over 30 years this West Auckland based business has provided industry with a wide range of pressed items, sheetmetal and tubular custom made products for shopfitting, furniture, wire making, electrical & general purposes. The business returned over $200,000 to a working owner in 2010/2011 on revenue in excess of $800,000 and benefits from a stable, long serving, highly skilled work force. The sale includes and plant & machinery recently valued at circa $250,000. Current staff levels in addition to a full time owner are a foreman & 3 or 4 skilled staff plus an part time admin.
The business currently supply their clients with a wide array of products & services including:-
gland & mounting plates and transformer clamps for the electrical industry,
saddle clips & mounting plates for aerial manufacturers,
castor brackets & stays for the furniture industry,
parts for supermarket trolleys & childrens strollers,
specialised nail plates for the timer industry & fitness equipment,
plus many, many other niche products
Potential enquirers should note:
The business is located in West Auckland and is not easily relocatable away from that area without losing the skilled staff. In 2011, 63% of the total business revenue came from one customer. This business would ideally suit a new owner with sales & marketing skills to expand the customer base and drive new product development.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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