Profitable business poised for growth

Fairy Springs, Rotorua

$437,000

Proposed Usage
Services
Description:
Property ID
1c06rvr

This small, easy-care business is achieving great things. Over 40 years, it has established itself as New Zealand's leading manufacturing supplier of heavy duty steel pipe fittings made tough from 100% Pure NZ Steel. The business generates a net surplus of $100k-175k pa and is poised to achieve much more from its stable base of blue chip customers who trust the brand and value customer service commitments. Construction and infrastructure industries are booming and the systems are in place for further growth and prosperity. There is no requirement for the owner to be on the tools. The established staff take care of production while the owner can focus on operations, sales and marketing. The database of blue-chip steel and plumbing customers is up-to-date and the current owners are continuing to invest in core sales and marketing initiatives to build the well-respected brand and grow the value of existing customers. There are opportunities for the new owner to grow the customer base by working fulltime in this small, easy-care business or employing a business development manager.

The ideal buyer is:
- A practical, process-orientated person who enjoys managing simple, easy-care operations and has some interest in sales and marketing. No experience in engineering required.
- An existing manufacturing business looking to grow its net profit, extend its product range and add to its database of customers.

The current owners have enjoyed the business and now want to focus on their family and their other business.

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