Ad ID: 63099 Inactive

Ruahine Timber Business for Sale Hawke's Bay - Ormondville

Manufacturer of timber posts for farmers – profitable and established for decades.

Location:
Asking:
$900,000
includes freehold land/buildings and stock.
Turnover:
$1,533,888

Business for Sale Description

Ruahine Timber Business for Sale Hawke's Bay - Ormondville

This lower North Island business has been supplying its clients for decades. Ruahine Timber Ltd is located at Ormondville in southern Hawke's Bay, and has been operating for decades. The current owners have enjoyed this business for 34 years, and are selling to retire to Central Otago. It has been a very successful family business for them.

There are 7 production staff with over 50 years experience among them. Operating hours are 8am to 5pm, Monday to Thursday and 8am to 2:30pm Friday. Closed on weekends. Experience in running a business and some mechanical aptitude would be needed by the purchaser.

Business Resources

The high level of plant and equipment is valued at $402,000. Stock is estimated at $150,000. The price includes over 4 hectares of land, and several buildings. It is the only timber business in this sector on the East Coast of the North Island.

Very realistically priced to sell with full training provided. A detailed information memorandum is available upon signing of a confidentiality agreement.

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