Manufacturing - Owners Surplus $368,470 P.A.

Wellington

$1,150,000

Proposed Usage
Manufacturing
Description:
Property ID
1c2jjz9

This is a long established business with a solid history of excellent profitability and is based in the Wellington Region.

After more than 30 years of enjoying the returns from this great business the owner is now looking forward to retirement. Having said that, he isn't going far and is anticipating providing training and support to the new owner to ensure a smooth transition of ownership. The owner has a vested interest in the continued success of the business.

Substantial investment has been made in quality machinery allowing the business to remain highly competitive with quality products, made quickly at competitive prices. Cutting edge technology has also lead to a high degree of automation while raising barriers to entry for possible competitors. The process involved could be best described as light engineering/fabrication of steel and stainless steel products.

Risk is further mitigated due to the business' wide range of products supplied to an extensive database of customers covering a multitude of industries.

Price $1,150,000 plus stock (approx. $100,000). A substantial part of this price is made up of plant and equipment value.

For an opportunity to obtain more information or view this business please contact Tim McLaren on 021 336 138.

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