Listing #:4765550641

Manufacturing, Assembly

Location:	Kapiti Coast, Wellington

OWNER RETIRING. This award-winning business manufactures a major industry disruptive product.

Technical, but simple to understand with never ending Nationwide commercial and domestic application opportunity.

Business strengths include:

* Major industry product disruption
* Deposits and progress payments received = Great for cashflow
* New high end factory machinery = High assets value of some $600k
* Serious customers. EG Summerset Villages, Naylor Love
* $2.7m turnover FY24, 10 staff

Programme the factory machinery with raw material, then assemble and deliver to site, Nationwide. Commercial and domestic demand is growing. Recent machinery purchased has enabled accelerated growth and capability.

Net Surplus: $670,000 YE March 2024
Net Surplus: $550,000 YE March 2023

EBPITD: Earnings before paying one Proprietor, Interest, Tax and Depreciation

Brodie Wilson
Licensed Broker since 2005
Tabak Business Sales
0274579007 | 04 4990094

Tabak Limited, licensed under REAA 2008

Agency reference #: L001465

Asking price: $1,450,000

Listed: Mon 17 Jun, 9:21 am

Brodie Wilson

Tabak Business Sales