Opportunities

Return to all opportunities

SOLD - Manufacture / Distribution FMCG

Manufacture / Distribution FMCG; Waikato

$3,500,000 - Hamilton

#150519

detail

Highlights

  • Established growing business
  • Excellent product
  • High customer satisfaction
  • Integrity and repeat business
  • Broad customer base
  • Growth opportunities including export

Established by the current owners over 15 years ago, this business has specialised in the manufacture of a niche range of quality products to a broad range of customers throughout New Zealand. The business works out of purpose built premises in the Waikato. It is understood that the high quality plant has capacity to produce 50% more product without any requirement for capital expenditure.

Not only is the product of a very high quality, the business has been built on good 'old fashioned' customer service. The business has a proven track record which is reflected in their large group of loyal repeat customers.

An exciting opportunity exists to build on the considerable foundations put in place by the current owners.

The business would suit either an owner operator with good sales and marketing skills or could be integrated into an existing manufacturing/distribution business to complement the product range.

Over the past years, the business has grown year on year and has shown exceptional growth over the last financial year with the introduction of a new product to their range. In addition, a price increase at the start of the current financial year has added to the profitability without impact on sales volume. There are several areas open to this business to expand over and above the excellent growth that they have been experiencing historically.

FME Surplus $803,000 EBIT

Contact: John Parker
Office: Hamilton

Confidentiality Agreement for Business Reference 150519, Broker Name John Parker

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.

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*