Textile - Screen Printing Christchurch Based - Customers Nationwide

A well oiled and well founded machine!

No selling involved, minimal marketing, large established client base, new clients come mostly by referral

Imports bulk product, processes, and on sells in broken down lots to wholesale clients

Also converts product into finished goods (with considerable added value) pre-ordered by end user clients

Diverse range of customers throughout New Zealand. The products do not last, have no resale value and cannot be recycled. This periodically generates genuine repeat orders on a long term basis. Care and attention to detail of the finished product ensures the clients come back year after year.

Established small staff team with a ready labour pool available

Business has shown to be very well positioned for reliable and consistent trading

Cash profit showing in the vicinity of $175,000 to $180,000 pa for a sole full time owner

Good lease in Christchurch premises. Rent $68,100 plus opex. The business is not relocateable. It may be possible to purchase the premises – value circa $995,000 plus gst if applicable

Client retiring after many decades of business stewardship. In reviewing client operations it is evident that an ideal investor will be familiar with leading a close knit team of semi skilled staff, – whilst overseeing client orders with a degree of care and attention to detail with respect to the finished goods supplied to end user clients.

Only Buyer enquiries that can fund the purchase price expectation will be released further details. To this end a letter from an enquirers bank or chartered accountant certified for public practice is required at the outset. The letter must state that the (named) enquirer can fund the proposed acquisition if they decide to proceed. Working capital is likely to be in the order of $35,000 per month, – however this may be confirmed between the Buyer and their financial advisors as a term of a conditional agreement with the Client. A confidentiality agreement is required. This must include the value of borrowings anticipated. Please request a CA form from the broker.