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Large Well Know Food Manufacturing & Distribution
Advert Id: 297042, Sellers Ref: (barker_73_573)Location:North Island
Category:Manufacturing and Industrial
Asking Price:$28,000,000
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Business description
Significant Price Reduction.....
Investment required: $6,000,000 - Business as a Going Concern + Stock at valuation circa $1M plus all or part of current land and premises (All $21,000,000. Total circa $28,000,000+GST if any.
First time on the market, after 40 years, the patriarch of this family owned business has decided to retire.
If you are looking for a solid investment to:
• Take over and run it your way
• Diversify or expand your current food business
• Obtain all or part of the Land and buildings located in one of NZ's fastest growing and sort after industrial areas.
Opportunities galore to grow the business:
• Impressive plant, with modern equipment and excess capacity
• Refrigerated trucks for self-distribution - can be expanded
• Price of business significantly lower than replacement value of plant alone
Currently plant running 24/5 could easily run 24/7
• Space in existing factory to add more manufacturing lines
• Space on current property to build additional warehousing or factory space
• Already exporting to Pacific Rim and Asia - still huge further potential
• Australia largely an untapped market
• Increasing consumer demand for other varieties of products - diversification
Easy to run
• Great supply chain of locally sourced raw product
• Great network of repeat buyers
• Currently managed by a husband and wife team and 28-40 staff
• Excellent pool of workers available for factory
• Few major competitors - enough market for all
If you are interested and would like more information about this business, visit [Web Link Censored], register your details and submit the online Confidentiality Agreement. Once Richard receives your expression of interest he will be in touch.
*Source of information - Supplied by the Business Owner. Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2020.
Property Code: 3006
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