nzbizbuysell.co.nz/87916
Ad ID: 87916

Paint and Chemical Manufacturing Business for Sale North Island

Specialty Paint & Chemical Manufacturing Business

Location:
Asking:
$475,000
Turnover:
$450,000

Business for Sale Description

Paint and Chemical Manufacturing Business for Sale North Island

This small specialty paint & chemical manufacturing company has unique intellectual property developed over the last 20 years.

In a wide range of specialty areas, it has excellent market penetration, and a sound reputation.

These include large manufacturing industries such as food companies, chemical plants, hospitals, infrastructure, schools, timber plants, and many others. 

Product is sold throughout New Zealand , with some export into Australia and the South Pacific.

The business operates with healthy margins and plenty of potential for future growth.

Turnover has increased 25% for the new financial year from 1 April 2020 despite Covid 19.

There is a potential payback of 2-3 years based on current turnover and margins.

Business Resources

The company has concentrated on developing a technical edge to give a higher margin for smaller volumes meaning it can operate with 3 staff members.

It should be noted that if larger volumes are required the equipment and expertise is in place to do this.

Many of the products have been custom formulated or modified specifically for clients which means they are on board for the long haul. 

Production, Laboratory, and Health & Safety systems are well documented which will greatly assist in succession of a new owner. 

The business is located in a modern spacious factory with a large yard.

This is a profitable and well-established business, which a new owner/operator with industry experience could buy and run successfully without extra capital expenditure. 

It would also be a great addition to an existing company operating in the same industry wanting to expand their business into other areas. 

The existing owners are at retirement age and looking to step back.

Interested In This Opportunity?

Email to a friend / myself

 

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For more info
Contact: Agent

Agent

021 395 093

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