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*** SOLD ***
NZ Manufacturing $300k+ Cash Surplus to an Owner
Listing: #18164
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About this Business for sale in Auckland City
NZ Manufacturing $300k+ Cash Surplus to an OwnerThis is a New Zealand Kitchen manufacturing company sourcing raw materials and key components from both local sources and off shore. They are competitive in the market place working with both B2B (home group builders) as well as B2C (the consumer market). This business has key components that make it unique in the market place. • Massive growth into home builder group market • Good branding + retail channel (B2C) • On track to make well over $300k surplus to a working owner (EBPITD) • Off shore sources with high margins for key components • Projected profit in 2016 financial year $500k - $600k (EBPITD) This retail/ manufacturer has great branding, attracting a wide variety of customers and clients. They can offer high quality kitchens, competitively priced ensuring high margins through the sourcing of quality key components locally as well as off shore. The Vendor has done the hard work and is ready to move on, motivated to sell The asking price is well substantiated and will be non-negotiable. Offers over $550,000 + stock are considered. Note: Strict confidentiality applies. To this end the name and location of this business will only be disclosed at a personal meeting with the broker. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared. Complete a confidentiality agreement at linkbusiness.co.nz/18164
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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.