Sold

Wellington Manufacturer - EBPIDT approaching $400K P.A.


After 30 years the owner is ready to retire and sell this solid business.
The business has a long list of attractive features making it a great investment;
- A long and successful track record of steady sales and profitable trading.
- A wide range of quality products supplied to an extensive customer base in a range of industries.
- The process is light engineering/fabrication of steel and stainless-steel products.
- There has been significant investment in quality machinery leading to high barriers to entry and a substantial part of the price supported by tangible assets.
- Cutting edge technology with a high degree of automation.
- There is upside - a new owner could realise great potential with more marketing, drive and enthusiasm.
- Genuine reason for sale – owner retiring after more than 30 years.
- The owner has a vested interest in the continued success of the business.
- The owner will provide training and support to the new owner to ensure a smooth transition of ownership.
- Discretionary cash surplus to the working owner is approaching $400,000 per annum.
Attractively priced at $1,150,000 + stock (approx. $100,000).

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

Details

State Wellington
Price SOLD
Business ID 9549
Category Industrial/Manufacturing

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