Listing #:1974320187

Manufacturing and Installation

40 Year trading history
Location: Auckland City, Auckland
North Shore - Auckland

The opportunity

This business was formed over 40 years ago. It sells into two distinct markets within the outdoor/leisure and marine sectors. The customer base is varied and includes both corporates and private consumers. The two different product types give exposure to different markets, whilst still utilising the same equipment, processes and staff.

The business model is fundamentally simple. It would suit someone with a practical mindset who can engage with customers and identify the best product for their circumstances.

Business strengths

• Quality product with reputation for reliability
• Wide range of product designs
• In business since the 1970s
• Mix of corporate and domestic clients
• Product needs replacing periodically, thereby creating repeat business
• Client deposits reduce credit risk and create positive cashflow
• Monday to Friday operation
• Does not require expensive plant or large amounts of stock
• Room to expand further in one or both of its market sectors
• Currently only responding to inbound enquiries, rather than proactively seeking out new clients

The buyer

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

Net surplus: $343,503 projected year ended 31 March 2019
EBPITD - Earnings Before Proprietor, Interest, Tax and Depreciation

Further information

For further information please go to https://tabak.ongoing.co.nz/opportunity/niche-manufacturing-b
usiness---marine-and-leisure-sectors
and click on the link headed 'Find out More' to complete the confidentiality agreement.

Tabak Business Sales Limited - licensed under REAA 2008

Agency reference #: 151018
Asking price: $802,623
Listed: Tue 5 Mar, 4:20 pm
Jonathan Barrett
Tabak Business Sales
  • Contact details
  •  (021) 538194

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Agent's details

Jonathan Barrett
  •  (021) 538194
Tabak Business Sales

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