Tightly held family business for over 60 years ripe and ready for a new owner.
Retirement beckons for the current owners, and the decision to put this profitable and easily managed business on the market has not come lightly. The business offers a 2-year average revenue of approximately $2.45 million, and a 2-year average EBPITDA of approximately $450,000!
With minimal competitors in the market, the business can set its pricing for very healthy returns, and sells throughout New Zealand to large corporates, small firms and direct to consumers alike.
The business has experienced significant growth in the last few years thanks to the clever changes made by the current owners. While other mills have had to increase volume, labour, and sales to survive, this business has created a niche in the market that has led to greater profits on lower volume in a pre-pay sales system.
Priced to sell at a whopping 50% return on investment!
Price $900,000 + Stock
Contact Ricky today on 027 418 1889 today for more information.
For a confidential discussion please complete our online confidentiality agreement.
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