BABY BOOMERS LOOKING TO RETIRE

$1,600,000Manukau CityListing: #EL00498


Manukau City  


$1,600,000


Industrial Manufacturing
$555,000


About this business for sale

BABY BOOMERS LOOKING TO RETIRE

 

Baby boomers looking to retire have created a golden opportunity for someone to purchase this well-established profitable business. It is well recognised that many of the best businesses are tightly held by this generation reluctant to let them go so difficult to obtain.

This business was established in 1995 by the current owners who recognised a lucrative market, paid attention to customers’ needs and delivered fantastic products and services. The business has been built on sound business principles meeting the needs of its loyal customers.

The business operates out of well-equipped premises enabling it to sell and service its products plus offer extended services to its customers.An understanding of Rotational machinery and electrical products may help but not necessary as full training to run the business will be given  

This opportunity would suit a wide range of buyers such as an owner operator who is looking for a market income and handsome return on investment or another business looking to grow via acquisition or an investor simply looking for a managed business offering a solid return on investment.

At an asking price of $ 1.6 million (including stock and assets) this business is priced to sell

Information will only be given to buyers who can demonstrate that they can transact at this level and who have signed a confidentiality agreement.

Auckland - Ellerslie
bill.hayward@linkbusiness.co.nz
+64 21 760 773
+64 21 760 773

Bill Hayward

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.