Price
$395,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Auckland Region, Manukau City
Category
Industrial Manufacturing
Listing #
17976
After nearly 40 years of success it is time for the owner to retire. Established client base, qualified staff including factory and operational management and an excellent factory set up in south east Auckland. Growing turnover (presently $980,000) from solid timber, aluminium and related products supplied primarily to residential clients. Some commercial work done and there is an opportunity to grow this. Owners role is quoting, general management etc. Owners average cash surplus of over $130,000 substantiates asking price of $395,000. Replacement cost of plant and equipment would be close to the asking price. Owner happy to stay on in a suitable part time role if wanted.
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*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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