Highly Profitable Iconic NZ Food Manufacturer
Listing: #20265About this Business for sale in Canterbury
Highly Profitable Iconic NZ Food Manufacturer• Have a "niche" in the food manufacturing market with their "Iconic' brands.
• Strong and diverse customer base selling through grocery channels, food services and export.
• Great product and customer mix minimising risks in both NZ and export.
• An experienced and capable GM who is currently a shareholder. He is prepared to stay on long term and manage your investment.
• Strong motivated management team in place to take the business to the next level.
• Attractive growth opportunities exist in both NZ and export to double the turnover with new innovative products and markets that are being developed.
• Would suit food manufacturing industry player as bolt-on, returning very attractive earnings for a new owner.
• Consistently had EBITDA in the range of $900,000 - $1,050,000
**Strict confidentiality applies. Purchaser's must be able to demonstrate the appropriate financial capability and business experience before detailed information will be made available. Initially, please complete a confidentiality agreement at linkbusiness.co.nz/20265.
*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.