Ad ID: 50330 Inactive

Powder Coatings Business for Sale Auckland

Vendor wants to retire and has reduced the price of this powder coating and spray painitng business.


Business for Sale Description

Powder Coatings Business for Sale Auckland

Management rather than "on the floor" skills is required for this long established powder coating and wet spray business. Operating from large industrial premises in a central location, they're busy with their accountant just producing financials for the last quarter showing turnover well up with profits that should impress.

As to be expected plant and equipment is extensive with everything meeting OSH requirements. This could remain as a stand-alone business or added to a similar or one with synergies.

Whilst they already have a large data base of customers and variety of work, there’s a continual stream of new inquiry from people they’ve never dealt with before.

Profits – suffice to say the business has provided the long-time owners with a very good income with the last quarter well up, however, some new blood should see it do even better.

If a new owner requires a longer than normal period of assistance, the retiring owner will consider staying for a period to suit, but they can also take comfort most staff have been with the business for a number of years.

The asking price of $395,000 (plus GST if any) is realistic but also well below what it would cost to set up from new.

Because of the confidential nature of the business, no details will be provided without firstly a confidentiality agreement being completed.

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