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*** SOLD ***
Food Manufacturing & Prime Leasehold Property
Listing: #17222
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About this Business for sale in Auckland City
Food Manufacturing & Prime Leasehold PropertyFor sale, a food manufacturing business in a prime Central Auckland location. There are only two of its kind in New Zealand. The products are bottled on site and are distributed by a distribution company or through a courier. The vendor hasn't held back, spending top dollar in converting the premise into a factory - the potential here is endless. The vendor has already purchased advanced machinery in preparation for an expansion, these acquisitions are included in the sale. The vendor also owns the property and is offering two options; the purchaser can lease the premise or purchase the leasehold property. An established second business in the premise is also owned by the vendor. This business will be staying on which means the vendor would become a tenant of the purchaser. The vendor has over committed to several different businesses thus the reason for the sale. The asking price for the business is $115,000 plus stocks of approximately $10,000 and $650,000 (plus GST if any) for the property.
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This listing is no longer taking enquiries as it is SOLD
*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.