Manufacturer Huge Profits and Growth
SOLD
*Owners surplus $480,000
This long established East Tamaki manufacturing and Installation Company shows excellent year on year growth and great profits. The 2017 financial year shows an EBIPTDA figure of *circa $438K, or a cash surplus to a husband and wife (25 hours p/w) team of *circa $480K. This is excellent buying at those returns!
*SALES Ex. GST:
2015 = $1,208,060
2016 = $1,435,967
2017 = $1,887,268
Consistent growth continues this financial year with the first 3 months turnover up *$189K and profitability up $69K, at the same point last year. There is a huge pipeline of secured work and the Vendor is willing to stay within the business which offers excellent security. The company’s Operations manger moved on and a new one was appointed internally so there is a circa $95K salary (plus bonus) still available in the business. You can potentially keep the Vendor on without affecting the advertised profits!
The business has it all:
• Security with the Vendor prepared to stay within the business
• A company that offers a quality product & service within thriving building market
• Huge pipeline, with more confirmed work than ever!
• Increased profits and consistent history of growth
• An extra *$95K wage up the sleeve of incoming owner!
Associated with a first class supplier with superior systems, quality products, a pipeline of work and the support from the Vendor, this highly profitable thriving company presents a phemonimal opportunity at an excellent market price on the historic returns.
Asking Price: $1,140,000 Including stock and plant
* Source: Information supplied by the Business Owner or the Owners Agent/s.
If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz, register your details and submit the online Confidentiality Agreement for reference #2115. Once Alan receives your expression of interest he will be in touch. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.
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