270917 - Agri Industry - $325,000
Location. Hamilton. Ref. #270917 Sales and Installation
Highlights
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Established business
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Servicing a niche market
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Large customer base
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Sales driven by legislation
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Low risk, approx. 50% of purchase price made up of plant & equipment
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Strong systems in place
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Relocatable
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Opportunities for continued growth
Opportunity
This business experienced rapid growth from day one in a market. Legislation ensures its products and service are a requirement to those in the dairy industry, not a discretionary spend. Just after the current owner purchased the business, sales tapered off due in no small way to the down turn in Dairy prices experienced internationally. The current outlook in the dairy industry is far more positive and with this outlook the business is well placed to take advantage of current legislation and improving market conditions going forward.
Financial Performance
Historically this business has been a strong performer but has been effected by the recent downturn experienced in the dairy industry. Currently the business is experiencing a growth in enquiry and sales and the Regional authorities are again inspecting farms ensuring compliance. This has a flow on effect in sales and enquiry as borne out by a solid forward work load. The outlook appears very positive in the dairy sector.
Purchaser Profile
This business would ideally suit a person with good business management skills, the ability to work with clients to price and manage projects and organise staff. A good practical person who relates to the farming community would be of great assistance to the new owner.
FME Surplus: $ 133,961 EBPITD Weighted average
EBPITD: Earnings before One Proprietor, Interest, Tax and depreciation
Contact: John W Parker
Office: Hamilton
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