Sold

Established Machinery and Equipment Importer and Supplier. Sole Agencies for High Quality International Machinery


This established and profitable business is on the market for the first time in over 20 years.

The business holds agencies for international machinery and equipment manufacturers and supplies the NZ and Pacific Islands with high quality processing and packaging machinery used in significant sectors.

Sales remained robust during the Covid pandemic with the current year demonstrating a return to pre covid levels. Profitability has been consistently strong.

The business carries very little stock and machinery sales are ordered on an indent basis and priced individually, meaning that working capital requirements are low and risk of cost fluctuations and exchange rates are minimal. The business is being managed by an experienced General Manager.

The owner is selling in order to retire.

Annual sales                       $1.6m to $2.0m

SDE*                                   $250,000 (FY22)

The price is attractively set at $790,000 plus inventory at cost .

* SDE = Sellers discretionary earnings is EBITDA plus sellers benefits.

Details

State AUK
Price SOLD
Business ID 10718
Category Industrial/Manufacturing

Share This Business

Agent Details

analytics