BUSINESS DESCRIPTION
Very well known, reputable business specialises in the distribution of industrial and engineering equipment and operates from a vigorous and pleasant South Island provincial centre and is well established in its geographical region.
Attractions of this business include:
- Has operated for over 20 years for identity and reliability of earnings
- Loyal & diversified industrial, trade & domestic customer base for reduced risk
- Wide product range with top line agencies for strength of revenue
- Experienced & stable staff including sales, stores & workshop for continuity
- Excellent location
- Opportunities for growth
Sales average $3,300,000 pa.for last 5 years
EBITD averages $224,000 pa.(after management salary)
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Able to be run under management with overview from a new owner, or by a hands on owner operator. An ideal acquisition opportunity for an existing business.seeking quantum growth.
A complete Information Memorandum is available with comprehensive details and financial history.
Well priced at $931,000. Offers considered.
All enquiries in strict confidence. Call Barry McFedries now to discuss this solid business opportunity in more detail.