Processor / Exporter. EBITDA $2.3 M approx. Long established and very profitable.
Business
Description:
This is a long established and historically very profitable business. Profits for the last 3 years have fluctuated between $1.5 Million and $2.3 Million p.a.! The estimated profit for the first three months of this income year is $1.2 Million. Sales fluctuate between $10-$15 Million p.a. The company exports almost all its product to the likes of Europe; The UK and Asia. The business premises are fully managed with an existing on site management team plus loyal and dedicated work force. Owner resides in remote location and is not involved on site in day to day processing operations. Owner prepared to stay on in a consulting role if required. The asking price of $6.5 Million (negotiable) values goodwill at $4M; and tangible assets at approx $2.5 M. This business will best suit someone with the financial resources for such an acquisition and a background in senior management / finance without any preconceptions as to the need for industry experience.
Genuine enquiries only to biz@remax.net.nz
Business
Resources:
Contact:
Jeff Bracegirdle from RE/MAX Latitude 36 MREINZ (Licensed Agent REAA 2008) on 09 414 6082 or 021 546 569, any time, or email biz@remax.net.nz
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