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*** SOLD ***
Manufacturing Business. Owners Want to Retire
Listing: #19309
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About this Business for sale in Auckland City
Manufacturing Business. Owners Want to RetireOwned by same vendors for many years they are now exiting the business. This is a very solid long standing business, managed by a very experienced team of staff members, and this business still has room to grow. The production capacity has not been reached; therefore more capital outlay on machinery is not required. Their customers come from a variety of industries including health, food, agricultural and hardware and more. Some of these include very well- known NZ brands who order product on a regular basis. A new owner with some design/engineering and sale skills would be an added extra, but the designing side of the business can be contracted out. Well located for pick- ups and deliveries, this business has potential for more clients to be bought on board, as well as keeping the great relationship the current owners have with their existing clients. Turnover is $2.million with an EBIT of $333K Investment is $1.6 million Call Laurel McCulloch
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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.