Ad ID: 82154

Manufacturing and Installation Business for Sale Auckland

Growing manufacturing and Installation business

Location:
Asking:
$1,259,464

Business for Sale Description

Manufacturing and Installation Business for Sale Auckland


Highly diversified customer base

The opportunity

This business has a fundamentally simple, but highly profitable, business model. It manufactures and assembles product, and installs it at customer premises. The manufacturing process is uncomplicated and does not require complex plant. Sales are made to around 130 customers per year, with the largest single customer in 2018/19 making up 10% of sales.

There are currently no sales staff, and the marketing spend is minimal. The owner believes that there is an opportunity to significantly increase turnover by spending more on online marketing and/or employing a salesperson.

The owner’s role does not require being ‘on the tools’, or existing technical knowledge. The new owner just needs to have good general management and customer relationship skills.

Business strengths

  • Reputation for quality
  • Growing turnover, high gross profit margins
  • In business for 15 years
  • Very broad spread of customers
  • Simple production process, only four staff to manage
  • Monday to Friday management/sales role only; owner not ‘on the tools’
  • Customer deposits reduce credit risk and assist with cashflow
  • No bad debts over last five financial years
  • Does not require expensive plant or large amounts of stock
  • Currently turning some work away; opportunity to grow turnover by simple marketing activities
  • Owner will consider an ongoing sales role if the buyer sees this as beneficial

The buyer

The business will suit someone with good sales and management skills, and a desire to grow the business.

Net surplus: $457,987 year ended 31 March 2019 (actual, draft accounts) EBPITD - Earnings Before Proprietor, Interest, Tax and Depreciation

Further information

For further information please go to https://tabak.co.nz/opportunity/growing-manufacturing-and-installation-business

and click on the link headed 'Find out More' to complete the confidentiality agreement.

Interested In This Opportunity?

Email To A Friend / Myself

 

Share this:

Tabak Limited (Tauranga)
For more info
Contact:

Jonathan Barrett

021 538 194
Tabak Business Sales (Tauranga)
Licensed REAA 2008
Broker Ref: 040419

Sign up for the Latest Businesses For Sale

BUSINESS FOR SALE BULLETINS
quickly get the newest business opportunities.

SELECT BULLETIN(S):
  •