Manufacturing Business for Sale Timaru

Simple Products & Business Model; Tidy Business; Timaru

Why buy this Manufacturing Business

Manufacturing Business for Sale Timaru

The current owner is looking to retire, and only works around 0.5 FTE supporting a small number of existing staff. The business operates from a self-contained and fully compliant premises in Washdyke and the manufacturing process is relatively straightforward. Sales have been steadily increasing and the modest overheads and excellent margins ensure that 40-50% of sales fall to the bottom line as owner income.

Key Strengths of this Business

Established & profitable

Loyal supplier base and exposure to good competitive suppliers

Simple business model & manufacturing processes

Excellent market demand

Low staff numbers and Mon-Fri trading

Opportunities to add a digital presence and sales energy

Good reputation for timely delivery and good quality product

Superb gross margins

Small product range

Includes $160,000 of stock & plant

Business Resources

The Buyer

Given that the manufacturing processes within this business are easy to learn (as all tools and moulds are on site) a buyer from virtually any background can succeed with this opportunity. The staff are well trained and very competent and the current owners role is to support them, do the admin & invoicing, and assist with quotes if special pricing is required. Most days the owner has gone from the premises by midday.

Sale Price: $595,000 incl. stock & plant

Net Surplus: $315,955 EBPITD 2022FY

$425,052 EBPITD 2023FY

$315,000 EBPITD 2024FY estimate