*** SOLD ***
Manufacturing & Property Investment Options
Listing: #17322About this Business for sale in Christchurch
Manufacturing & Property Investment OptionsManufacturing / Contracting Services. This business has three distinct departments and may be split. These operations may suit an existing business as an ad-on to their operations. On the present premises in Sydenham there are a relocation option or a lease or a freehold commercial property purchase option. Well founded, well known, well respected manufacturing operation centred around clicker press stamping out of leather, plastic, rubber, butynol and other sheet materials. There are embossing and sewing/assembly operations undertaken by staff. The business operates primarily on a range of its own branded of tourism products and motorcycle leather wear. There is a great deal of scope to refresh the marketing of the in-house brands. Within the business the clicker press and related cutting knife service provides on-going sub contract services to other businesses who are not suitably equipped to perform these processes. Diverse product range and brands. Largely small runs to customer order National customer base. Range of customers including subcontract work. Small team of experienced staff in place. The present owner does some work hands on in the business. Training and assistance will be provided during a transition period. Wide range of processing equipment - all kept in good order. Freehold commercial premises may be available (circa $550,000) or new lease to be negotiated. The business may also be sold for relocation. Owner seeks retirement.
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*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.