This is an exceptional opportunity to acquire a very well established and highly regarded manufacturing business. 

This company specialises in manufacturing of high-quality custom-made steel, brass, silicon bronze and copper products. 

·       Established in 1964. 

·       Vendor has been in the industry for over 40 years – looking to retire.

·       The business is well positioned into a lucrative niche market.

·       Over 100 clients, which include a large number of Distributor Customers

·       Spacious 12,500 square feet warehouse, in a vibrant industrial area in close proximity to major key customers.

·       Currently under management with full team of qualified staff.

The operating revenue for the 2021FY was $1,317,835 with EBPITDA for the same financial year of $259,000.

All the hard work in respect of branding and compliance has been undertaken with huge scope to increase sales and production through promotion and advertising. Current owner admits that he doesn’t operate the business to its maximum potential. 

BUSINESS OVERVIEW:

Year established:  1964.

Gross sales revenue: $1,317,835 per annum.

STRENGTHS:

The product is successfully positioned in the fast-growing niche market and boasts an excellent reputation within the industry.

The business has a great set-up and all systems and training are provided with proven results. 

Director willing to continue work under a structured agreement to ensure business is successful.

TRADING HOURS:

Monday – Friday: 8:00am - 5:00pm

Saturday & Sunday – Closed

FINANCIAL INFORMATION:

The financial summary and IM will be provided to prospective qualified purchasers after a Confidentiality Deed has been signed and their enquiry has been approved by the Vendor.

ASKING PRICE:

$500,000 plus $900,000 of Stock

For further information or to arrange an inspection, please contact Vladi Dimitrov on 021 276 7577 or vladi@dimitrovco.co.nz or visit our website: www.dimitrovco.co.nz.