Listings } Tabak

240417 - Established & Profitable Engineering Manufacturing Business - $437,000

Location: Rotorua, Bay of Plenty. Ref #: 240417. This business would make an ideal add on to another manufacturing, distribution or engineering business and a new owner prepared to put in sales and marketing effort can take the business to a new level.

 This business is New Zealand's leading manufacturer of heavy duty steel pipe fittings made from NZ Steel. It is a trusted brand found in residential and commercial buildings as well as infrastructure and marine environments throughout New Zealand.

All of the businesses pipe fittings are NZ made and after more than 30 years in the market, are proven to be tough and durable for New Zealand's unique climatic and seismic conditions.

The business holds large volumes of stock and operates a same day dispatch policy for ex-stock products.

As part of a restructure in 2015, the business was separated from the owners other engineering business, and now operates independently from its own premises.

Business Strengths:

  • NZ made - quality products
  • AON approved for sprinkler systems use
  • BRANZ accreditation
  • Quick turnaround time vs. imported goods
  • Ability to customise products and manufacture special runs
  • Opportunities for growth
  • A standard 40 hour week - 5 days only
  • Well trained staff in place
  • Good reputation and levels of repeat business

The current owners are wishing to sell off this business to focus on their family and their large heavy engineering business.

Net Surplus: $172,000 YE 2017

                     $115,122 YE 2016

Contact:  Glenn Williams

Office: Tauranga

 

 

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