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Sold

Manufacture / Distribution, High Profits

SOLD


Supplying the busy residential trade and some commercial sectors, this long established manufacturer is on the market for the first time since operations began.

*Profitability is high and the 2 working owners (one part time) received a cash surplus of $346,000 in 2017.

Auckland based with the option to relocate, the business is very well known in its speciality areas. They manufacture a range of genuine high quality products. The business is ISO accredited and it supplies a diverse national reseller network, not reliant on any single significant customer.

This business has stood the test of time and increased profits in the last 12 months with the introduction of new product lines and reseller outlets. A talented and skilled team are in place and the retiring owners have indicated they are happy to provide assistance after settlement on a contract basis to ensure a buyer gets the full benefit of their knowledge.



Asking Price: $1,900,000 which includes $600K stock (+ or -30%) and $355K tangible assets.

If you are interested and would like more information about this business, visit HYPERLINK 'http://www.barkerbusiness.co.nz' www.barkerbusiness.co.nz/BBS2199, register your details and submit the online Confidentiality Agreement. Once Michael receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2018.

Details

Region Auckland
Price SOLD
Business ID BBS2199
Category Industrial/Manufacturing

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