Ad ID: 116862

Manufacturing & Assembly Business for Sale Kapiti Coast

Manufacturing, Assembly; Industry Disruptive Product

Location:

Wellington

Asking:

$1,450,000

Turnover:

$2,700,000

Type:

Manufacturing

Why buy this Manufacturing & Assembly Business

Manufacturing & Assembly Business for Sale Kapiti Coast

OWNER RETIRING. This award-winning business manufactures a major industry disruptive product.

Technical, but simple to understand with never ending Nationwide commercial and domestic application opportunity.

Business strengths include:
* Major industry product disruption
* Huge demand. Forward committed workload of some $2.5m + $1.8m pending
* Deposits and progress payments received = Great for cashflow
* New high end factory machinery = High assets value of some $600k
* Serious customers. EG Summerset Villages, Naylor Love
* $2.7m turnover FY24, 10 staff

Business Resources

Programme the factory machinery with raw material, then assemble and deliver to site, Nationwide. Commercial and domestic demand is growing. Recent machinery purchased has enabled accelerated growth and capability.

Net Surplus: $670,000 YE March 2024
Net Surplus: $550,000 YE March 2023

EBPITD: Earnings before paying one Proprietor, Interest, Tax and Depreciation

Brodie Wilson
Licensed Broker since 2005
Tabak Business Sales
0274579007 | 04 4990094

Tabak Limited, licensed under REAA 2008