Ad ID: 59928 Inactive

Asset Sale Business for Sale Auckland

Perfect Bolt On or Hobby Business


Business for Sale Description

Asset Sale Business for Sale Auckland

A product has been designed, patented, manufactured and trialled that is related to the construction and maintenance of farm fences. For health reasons the person who has taken the product through these stages now wishes to sell the stock and patents to someone who can manufacture and then sell the product into the agricultural retail sector, or market directly to farmers. We see this as either a bolt on to an existing agricultural engineering business, or a hobby business opportunity.

This is not a complex product – just something that makes the construction and maintenance of fences less of a risk from a health and safety perspective. It is likely that after the product has been sold into the market for some time it could be endorsed by organisations like Worksafe and Site Safe.

The product has a registered patent that covers both New Zealand and Australia. This patent will be transferred as part of the sale.

The specifications required to manufacture the product have been established and have been used to make an initial run of the product. There is a contract manufacturer who is available to produce more of the product for the new Owner.

This product featured at the 2015 Fieldays at Mystery Creek. The Owner took a stand and received strong interest for the product. Over 70 units of the product were sold. A subsequent follow up has been made to a sample of those who brought the product, and they have all given the product a strong endorsement.

Business Strengths
•    Uniquely designedand patented product.
•    Market tested.
•    Has a health and safety perspective to a labour intensive job.
•    Sold at the Mystery Creek Fieldays.
•    Can be contract manufactured.
•    Ideal for someone with a strong network of contacts in the farming sector.

The major sales to date were at the Fieldays where the selling price generated a mark-up of 100%. This mark-up will be lower if sold into a retailer, but will still give the new Owner a healthy return.

For the sales price the new Owner will receive 340 packaged units of the product that have a cost value of $35,000, plus an Australasian patent that has a cost of $15,000.

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