This is an exceptional opportunity to acquire a very well established and highly regarded manufacturing business. 
This company specialises in manufacturing of high-quality custom-made steel, brass, silicon bronze and copper products. 

• Established in 1964. 
* Vendor has been in the industry for over 40 years – looking to re-tire.
* The business is well positioned into a lucrative niche market.
* Over 100 clients, which include a large number of Distributor Customers
* Spacious 12,500 square feet warehouse, in a vibrant industrial area in close proximity to major key customers.
* Currently under management with full team of qualified staff.

The operating revenue for the 2019FY was in excess of $1,828,000 and the EBPITDA for the same financial year was more than $215,000.
All the hard work in respect of branding and compliance has been undertak-en with huge scope to increase sales and production through promotion and advertising. Current owner admits that he doesn’t operate the business to its maximum potential. 

BUSINESS OVERVIEW:
Year established: 1964.
Gross sales revenue: $1,828,000 per annum.

STRENGTHS:
The product is successfully positioned in the fast-growing niche market and boasts an excellent reputation within the industry.
The business has a great set-up and all systems and training are provided with proven results. 
Director willing to continue work under a structured agreement to ensure business is successful.

TRADING HOURS:
Monday – Friday: 8:00am - 5:00pm
Saturday & Sunday – Closed

FINANCIAL INFORMATION:
The financial summary and IM will be provided to prospective qualified pur-chasers after a Confidentiality Deed has been signed and their enquiry has been approved by the Vendor.

ASKING PRICE:
$1,100,000 plus Stock at Value ($900,000).

For further information or to arrange an inspection, please contact Vladi Dimitrov on 021 276 7577 or vladi@dimitrovco.co.nz or visit our website: www.dimitrovco.co.nz.