Highly Regarded Manufacturing Business – Since 1964!
Manufacturing Business for Sale Auckland
This is an exceptional opportunity to acquire a very well established and highly regarded manufacturing business.
The asking price is $1,400,000 (including $900,000 of Stock).
This company specialises in manufacturing of high-quality custom-made steel, brass, silicon bronze and copper products.
Established in 1964.
Vendor has been in the industry for over 40 years looking to re-tire.
The business is well positioned into a lucrative niche market.
Over 100 clients, which include a large number of Distributor Customers
Spacious 12,500 square feet warehouse, in a vibrant industrial area in close proximity to major key customers.
Currently under management with full team of qualified staff.
The operating revenue for the 2021FY was $1,317,835 with EBPITDA for the same financial year of $259,000.
All the hard work in respect of branding and compliance has been undertak-en with huge scope to increase sales and production through promotion and advertising. Current owner admits that he doesnt operate the business to its maximum potential.
BUSINESS OVERVIEW:
Year established: 1964.
Gross sales revenue: $1,317,835 per annum.
STRENGTHS:
The product is successfully positioned in the fast-growing niche market and boasts an excellent reputation within the industry.
The business has a great set-up and all systems and training are provided with proven results.
Director willing to continue work under a structured agreement to ensure business is successful.
TRADING HOURS:
Monday Friday: 8:00am - 5:00pm
Saturday & Sunday Closed
FINANCIAL INFORMATION:
The financial summary and IM will be provided to prospective qualified pur-chasers after a Confidentiality Deed has been signed and their enquiry has been approved by the Vendor.
ASKING PRICE:
$955,000 (including $850,000 of Stock).
For further information or to arrange an inspection, please contact Vladi Dimitrov on 021 276 7577 or vladi@dimitrovco.co.nz or visit our website: www.dimitrovco.co.nz.
