Cash Surplus $732,000 - Auckland South

Auckland City

$2,495,000

Proposed Usage
Manufacturing
Description:
Property ID
1bs70xz

This long established bakery & food manufacturing business has a number of blue chip customers that they have been supplying for many years.

Key attributes being:

- Sales up 36% Ytd to Sept 17, with good annual growth
- Operating profits up 50% on last year for the first 6 months
- Modern 1630m2 facility on a long lease, with low rent
- Ideally located 10 minutes from the motorway
- Management structure in place with over 25 staff

With depreciated fixed assets of $421,266 and stock of approximately $80,000 this food business offers a very good return on your investment and expected to return even more this year.
With no sales & marketing expertise in this business, it is waiting for someone to really drive it to the next level. The vendor/GM wants the business sold so come and talk to me today.

Price $2,495,000 + estimated stock value $80,000
.

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