Ad ID: 109911
Smallgoods Manufacturing Business for Sale Auckland
Auckland Smallgoods Manufacturer $463K+ EBIT
Why buy this Smallgoods Manufacturing Business
Smallgoods Manufacturing Business for Sale AucklandProfitable niche manufacturing food businesses are much sought after but seldom for sale. This long-established Auckland based business ticks all the boxes.
It is a well-respected and highly successful niche player in the smallgoods market. Its brand has become established over 30 years to represent the highest quality at an affordable price.
Their boutique manufacturing process is quick and nimble, which means they can innovate readily to create delicious, new product varieties for both the retail consumer and the food service sector.
â€¢ Sales are showing consistent year on year growth.
â€¢ Excellent cash flow (a free cashflow factor of 1.25)
â€¢ Experienced, trained, and talented staff. The staff are skilled and there are management systems in place that enable the staff to work without direct supervision
â€¢ Established for many years the owner wants to retire
â€¢ A well-documented and systemized business
â€¢ High barriers to entry, as there has been significant investment in staff and infrastructure.
â€¢ Well represented in all major supermarkets as well as the food service sector
â€¢ The diverse number and range of customers is a significant strength as there is no reliance on any one
â€¢ It is a proven business with strong profits, popular products, and excellent supply lines
The $1.72 Million sale price for the business is made up of tangible assets of circa $685K and intangible assets of $1.035 Million. The financial accounts show a growth trend in profitability with reported results for FY 2022 of circa $395.5K (EBIT) and projections in the current year (FY 2023) set to exceed $463.3K (EBIT).
With the proposed investments in automated packaging plant, the appointment of a highly effective sales agency and a dedicated food service rep combined with the expansion of the customer base and the product range, prospects for significant profitability growth are excellent.