Link Business

Good Profits in Joinery & Furniture Manufacturing

Listing: #WK00222
price

$900,000

Profit

$335,141

sales

$2,245,000

industry

Hawkes Bay


Andrew Whyte, BMS

Broker | Hawke's Bay Gisborne

Andrew Whyte, BMS

andrew.whyte@linkbusiness.co.nz

+64 7 260 1180

+64 22 097 0065


About this Business for sale in Hawkes Bay

Good Profits in Joinery & Furniture Manufacturing

Joinery & Furniture Manufacturing Business for Sale

Opportunities to own and operate a business like this don’t come along very often in the manufacturing / retail sector. The Vendor's are in their 70’s & It’s time to retire, after 50 years of being in business. 

This  is design and build service for commercial (office spaces) and residential joinery projects in the North Island. It is also a retail business to some extent with a show room adjoining the large and spacious workshop. There are a number of attributes. 

  • Lots of government and regional body customers
  • Very high tech with excellent machinery
  • Great staff who enjoy the tech and the processes
  • Fantastic high quality products
  • Vendor's own the building. Lease or Buy it.

This business has a high tangible asset value locked up in machinery and stock making it an attractive proposition to lenders and equity partners.

This would suite a person with a sound knowledge in the joinery industry. Maybe the next step. As it stands this is an owner operated business.

Andrew Whyte

0220970065

andrew.whyte@linkbusiness.co.nz

 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
 

#buybusiness #manufacturing #retail #hawkesbay

Hawke's Bay Gisborne
andrew.whyte@linkbusiness.co.nz
+64 7 260 1180
+64 22 097 0065
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*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.