|EBIT||$2,600,000 and growing|
|Retiring vendor||after nearly 50 years|
This business has been trading for over six decades, and is the national leader in its sector.
The business has over 50 staff manufacturing products and importing fittings for supply to a wide range of big box retailers and smaller clients throughout the country. The products produced have won many awards.
Revenue and net profits have continued to increase over the last decade, and there is no reason why this growth should not continue into the future.
The owner is to fully retire after almost 50 years associated with the company. New leases can be negotiated for the various premises (North and South Island) which are owned by his family trusts.
Businesses of this quality are seldom offered for sale in New Zealand. For further information, please make contact with Charles Deans with a summary of your background and ability to fund the purchase to this level.
Turnover: $16,000,000 plus; EBIT: $2,600,000 and growing