IMPORT / add value Manufacture

Auckland City

$685,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c76q1k





Long established business with several exclusive agencies.

Business supplies high quality packaging materials to its NZ wide client base. Imported materials go through a small manufacturing process to add value. Products are then re-packed and sold through distributors or to end user companies NZ wide.

This is an ideal business to bolt-on to an exiting business. Could also suit an owner operator, a partnership or husband-wife team. Business is currently running under management.

Opportunity to grow this business further by adding new products.

Profit for 2019 year was down from previous years. (accounts show surplus profit for working owner operator $175k. (EBPITD)

Previous years have shown surplus $250k plus.(EBPITD)

6 months revenue so far this year indicates working owner's operator profit could be back to over $250k .

If the business is relocated to an exiting premises, further savings of $52k (in rent/ rates) can be achieved.

KEY POINTS

* Long established business.

* Easy process, easy to run business with several exclusive agencies.

* Can be relocated.

* Genuine vendor and realistic asking price only $685k (including stock $400k.)

* Rarely available business.

Genuine buyers who can demonstrate a "strong and genuine interest and financial capacity" to proceed with this acquisition, should contact Pra Jain 027 2794652

www.linkbusiness.co.nz/EL02456




Ref: EL02456
Timestamp: 20191205054548

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