Listings } Tabak

140917 - Manufacture, Assembly, Install - $950,000

Ref #: 140917. Essential Building Product; Major Player - Wellington.

 The business was formed in 1989 and is a major, well organised player in their market within the Wellington region. They have a wide range of customers from the commercial, industrial and residential property markets.

Business Strengths Include:

  • Supply relationship with NZX listed company
  • Range of quality blue chip customers
  • Long well established history
  • Good customer payment terms to assist cash flow
  • Management structure in place; 16 Staff in total
  • Latest factory machinery - fully integrated

The business is based on the Kapiti Coast. The major benefit of this is a loyal stable workforce. Majority of work is attended to in Wellington city.

The business has a supply relationship with a major NZ listed company. This relationship ensures they are providing their customers with the very latest in design, manufacture and installation techniques, while keeping abreast of the latest building code requirements.

Turnover during the 2017 financial year was some $4m. Year to date internal accounts suggest the business is on track to at least repeat that performance.

The business is currently pricing around $1m of work monthly. The value of confirmed forward work is some $1.5m. Acceptances are gained on a daily basis and up to a year after the quote is complete.

The current owner works full time and attends to general business management, strategy, HR and business workflow. He is happy and willing to assist with a transition as required.

Net Surplus: $407,638 YE 2017 EBPITD

Contact: Brodie Wilson

Office: Wellington

 

 

 

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