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*** SOLD ***
I Challenge You to Find Better - Food Manufacture
Listing: #18378
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About this Business for sale in
I Challenge You to Find Better - Food Manufacture* The company is a well-known Bay of Plenty family owned bakery business established in 1966. * Their products are second to none having won many awards over the years including the NZ Bakels Supreme prize Pie Trophy Prize. Metro Magazine have judged their pies as Auckland best pie for ten years in a row. * The business distributes their products around the North Island main centres on a daily basis, rural towns and cities thrice weekly and the South Island twice weekly. They have hundreds of loyal customers that order daily including a major corporate contract operating throughout NZ as well as the two major Supermarket chains. * The business operates a Risk Management Program which allows them to export their product internationally. * Their financials show very consistent revenue year after year allowing the owner to enjoy a tidy net profit. * The management structure is such that the present General Manager could step up to become the CEO if a new owner wanted to be a hands-off owner. Seldom do we take to the market such a well-run, successful business as this one. I encourage you to contact me now if you would like further information.
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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.