Ad ID: 66706 Inactive

Manufacturing Business for Sale North Shore

PRICE REDUCED - Owners have other plans and are ready to move on

Location:
Asking:
$335,044

Business for Sale Description

Manufacturing Business for Sale North Shore

Our clients have advised us that they now have another business opportunity they wish to pursue. They have therefore requested that we reduce the price of the business to the above amount, to facilitate a speedy sale. They are still happy to provide a full handover to ensure the business continues to succeed.

As a result of recent staffing changes, wage/salary costs are expected to reduce from July 2018 onwards by around $21,000 to $30,000 pa.

This efficient manufacturing business requires a buyer with a good sales and marketing focus, who can take it to the next level.

The opportunity

This business has been in existence for 30 years. It manufactures products for a range of clients in both the corporate and public sectors. Its most profitable product line is required in virtually every workplace.

The business has created designs for around 400 different items. The production process is flexible, with products able to be made in standard dimensions or to individual client specifications, and at short notice. The client base is very diverse, with the top two clients in 2017/18 making up just 23% of sales.

Business strengths

  • Established business with 30 year trading history
  • Very large addressable market
  • Very broad client base - corporate and government sectors
  • Nearly 6,000 names on the client database
  • Large number of designs
  • Ability to produce customised orders at short notice
  • Fundamentally simple business model and production process
  • Ability to further grow client base through simple marketing
  • Monday to Friday operation

The buyer

The business will suit someone with good practical and general management skills, and a basic understanding of sales and marketing techniques.

Net surplus
$133,721 y/e 31 March 2018

EBPITD - Earnings Before Proprietor Interest Tax and Depreciation

Tabak Business Sales licensed under REAA 2008

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