Business Sold North Island
Business Category Engineering Manufacturer
SOLD
Description
Cnc Router & Laser Cutting - Very Busy Business!
*Cash surplus $330K to working couple or $275K to one working owner.
YTD sales up 21.7% over last year - YTD profit up 31% over last year - Great cash flow - High demand - Relocatable within Auckland.
This business offers CNC routering and laser cutting services to a wide variety of clients and is located amongst hundreds of businesses in a busy industrial area in Auckland.
After 20 years of successfully providing a high-quality versatile service to many repeat, and plenty of new clients, this business has gained an excellent reputation and is now an industry 'go to' and in-demand provider.
Products are manufactured to client specifications which results in interesting and creative products.
The service provided is high-grade and high-spec, however the equipment is reasonably easy to learn if you have practical skills. Having a flare for design could also lead to future opportunities. The vendor will provide full training.
Sales have been exceptionally consistent over many years and are spread evenly across the customers, with no reliance on a large one or two. Sales are growing strongly, even though there is almost nothing spent on advertising and there are no dedicated sales staff.
Required stock holding value is quite low and the customers pay on time. The business is ideal for a couple or partnership, or a sole owner operator with one staff member. There is potential to relocate the business if that is your wish, or you could leave it where it is and sign a lease with the landlord.
The vendor will ensure a thorough handover.
Asking Price $575,000 (includes plant & stock)
To find out more, please visit the Barker Business website, search #3509 and submit the online confidentiality agreement. Geoff will be in touch and an Information Memorandum will be shared with approved parties.
*Cash Surplus equals EBPITD - Source information supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2024.
Property Code: 3509
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This business is somewhat unique and has no similar competition in this region, category or price bracket.