Timber & Building Merchants - North Island

This vertically integrated business sells a vast array of products to a wide range of clients, across several sectors. This includes farming and construction primarily, and they supply to a variety of diverse clients from small building firms, and trades, to DIY enthusiasts.

The business has been around for a long time and has built up an annual revenue stream of over $17M, with an average EBIT of circa $1.5M, over the past 3 years. The Vendor is looking to retire but is more than happy to stick around and assist with the new owners and the transition.

With a staff of over 50 and management in place, the Vendors role is that of an MD, who keeps a close eye on the numbers going through the business. This regional powerhouse has cornered the market in certain areas and people travel far and wide for some of their products, such is their quality, availability, and reputation.

Operated across multiple premises in the region, the business has plenty of space and scope to grow further, should a new owner wish to do so. The operations include processing, manufacturing, and treatment plants, as well as timber and builder yards. The scale and opportunity of this business will impress.

Stock estimated at $3.8M, depreciated asset value of $1.289M. Offers over $2.2M plus stock will be considered by the Vendor. Please note that the business is not located in Auckland, it is a regional business.

Contact Daren on 021 027 86045 for more information.

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Agency reference #: 34174