Manufacturing - Retirement Sale - $228k surplus
Listing: #NL00010About this Business for sale in Auckland City
Manufacturing - Retirement Sale - $228k surplusRetirement Sale; good bones, well respected, ready to be taken to the next level!
Manufacturing business producing kitchen benchtops for 30 years! Well respected and built on a strong reputation. Well marketed through a good B2C website and a diverse range of key accounts in the building industry (B2B). There is still plenty of scope for growth and this business is waiting for someone to take it to the next level.
The business uses up to date machinery and equipment with an approximate depreciated value of around $200,000 and EBPITD for last financial year was $228,000.
There is no slowing down in this market; if you have no presence in Auckland, get it now!
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 to find out more.
*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.