Vendor's circumstances have changed and he wants this business sold. Price dropped $100,000!
This wholesale and manufacturing business has grown significantly over the past few years with a minimum projected cash surplus of $250,000 this year. For the first two months there has been a cash surplus of over $50,000 and they were meant to be the quieter months! The business is unique in that it offers specialisation within the industry, so much so that competitors come to it to produce various types of work! This allows it to be very competitive in the market place and it is gaining huge momentum.
The business is well positioned for someone to take it to the next level. Operating in the apparel and signage industry, it has a diverse array of equipment that allows them to be the one-stop shop within their field. With less than one year remaining on the lease this business is easily relocatable anywhere in Auckland, however, the landlord would love to have a longer lease put in place.
The brand is now very well-known and as contracts come up for renewal in the sector, it is starting to pick them up, as word is getting round that they are the best to deal with. With a streamlined manufacturing element being introduced as we speak, the profitability will just keep growing. Unfortunately the owner is unable to stay around to reap these rewards as other commitments need to take precedence.
Asking Price $375,000 plus stock of approx. $25,000
This price includes plant and equipment of $125,000