nzbizbuysell.co.nz/95228
Ad ID: 95228

Concrete Products Business for Sale Auckland

Concrete Products - Custom Manufacture

Location:
Asking:
$769,000

Business for Sale Description

Concrete Products Business for Sale Auckland

The opportunity

This is a great opportunity to purchase an established concrete products manufacturing business with a well-known and respected brand in its sector. The business has developed new products, size and colour combinations over an extended period of time which are custom manufactured for both commercial and residential environments. They consider themselves to be number two in their particular market and rely on quality materials and their manufacturing processes to deliver the product range.

A competent staff of six (four in the factory, one sales rep and one admin / sales) are employed over and above the owners. The focus is continuing to grow the business. Organic growth stems from the construction and renovation markets continued growth, with additional growth from the continuing development of the commercial project market. With nearly 20 years in the market, the business has built a solid reputation and barriers to entry from both local and offshore competitors. 

With 5 product categories and 11 product ranges in 2020, 19% of all sales come via the website and a further 5% from showroom sales. 40% of total sales in 2020 were from existing customers with another 20% from new customers or referrals.

Coronavirus has impacted the business in the April to June 2020 period. June sales are approximately 80% of the average monthly sales but the vendor expects these to increase over the few months.

Business strengths

  • Recent addition of sales rep and marketing staff resource (Nov 2018);
  • Recent acquisition of new mixer;
  • Continuing interest in “all things concrete” is growing;
  • Regular supply delivery dates and pricing with suppliers;
  • Regular servicing and maintenance of all equipment producing product;
  • Limited number of direct competitors;
  • No regulatory monitoring required;
  • Local suppliers for all raw materials.

The buyer 

The ideal owner of this business is someone who has a sales and marketing or business development background. In addition, they will want to grow the product range and services the business offers. Or perhaps their skills are more project or engineering based and are able to systemise and automate the business to suit their requirements. Or further still, they may have a building and/or construction background and are comfortable with project management and manufacturing processes.

Sale price: $769,000

Net surplus: $292,499 (actual average 2017 to 2020)

EBPITD - Earnings Before Proprietor, Interest, Tax and Depreciation

Interested In This Opportunity?

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Tabak Limited (Tauranga)
For more info
Contact: Andrew Larsen

Andrew Larsen

0274 834 200
Tabak Business Sales (Tauranga)
Licensed REAA 2008
Broker Ref: 140720

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