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Manufacturer - Christchurch - SOLD

Niche Market; Respected Brand; Excellent Plant

$695,000 including stock and plant - Christchurch

#060619

detail

This well known brand has developed into a key supplier in its market. Revenue streams are from primarily B2B sales (some B2C and potential here) and there is a well appointed showroom annexed to the manufacturing facility. Now averaging sales of circa $200k +GST per month, the business enjoys competitive advantage by way of their significant investment in plant, and their technically competent, loyal and stable workforce.

The business operates from a leased, purpose built facility in a highly visible easily accessible location, with plenty of parking. Insightful investment in plant and machinery in recent years means that very little has to be invested in the foreseeable future. This business showcases a well organised, tidy and safe manufacturing facility that is compliant with all regulatory requirements, which is also a source of competitive advantage.

Purchase influencers are architects, specifiers, interior designers, joiners and builders that focus on the mid to upper end of their particular markets. This business supplies both the domestic and  commercial markets with quality products that are sought after in both new builds and refurbishments. Post lockdown sales and demand is very strong and research shows that this sector will be a beneficiary of the $7- 10 billion Kiwis are currently not spending on international travel.

Key skills required are:

  • An ability to understand plans & drawings
  • A practical disposition would be useful but is not totally necessary as the owner does not need to be 'on the tools'
  • Experience in looking after clients; business development and perhaps an element of production planning

Net Surplus $274,391 EBPITD

                     $194,391 EBITDA


Contact: Damien Fahey
Office: Christchurch

Confidentiality Agreement for Business Reference 060619, Broker Name Damien Fahey

Between Tabak Business Sales and the Interested Party.  The Interested Party must be an individual's name, NOT a company name.

In consideration of Tabak Business Sales (being any or all of Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) and their respective business brokers) entering into discussions relating to the possible acquisition of the assets or shares of any business(es) presented to me by Tabak Business Sales and specifically the business referenced above, I/We hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. I acknowledge that the financial records, customer and supplier details and other information relating to the business to be disclosed to me shall at all times remain the sole and exclusive property of the Vendor and that such information is of competitive value and of a confidential nature and that loss or damage would be sustained by the Vendor if such information should be used or divulged by me for any purpose other than the evaluation of the purchase of the business or should it become into the possession of an unauthorised third party;
  3. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Tabak Business Sales;
  4. Not to make an approach to the Vendor of any business disclosed to me by Tabak Business Sales, or the business' staff, customers or suppliers without prior arrangement with Tabak Business Sales and to refer all queries through Tabak Business Sales;
  5. We acknowledge that Tabak Business Sales is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office;
  6. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) as the case may be;
  7. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Tabak Business Sales against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach;
  8. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  9. If I decide not to proceed with the investment, I agree to immediately return to Tabak Business Sales all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  10. Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.
  11. Privity: For the purposes of Part 2, Subpart 1 of the Contract and Commercial Law Act 2017, the parties acknowledge and agree that the agreements and undertakings given by the recipient in this Confidentiality Agreement are given for the benefit of the Vendor and its related companies and representatives, and are enforceable at the suit of all or any of them.

Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser

  1. seeks legal advice.
  2. may or may need to seek technical or other advice and information.
  3. review Tabak Business Sales’ internal process in relation to any complaints.  A copy of these can be found here.
Mandatory Fields*