Household Name - Food Manufacturer
- Proposed Usage
- Property ID
This is a long established, leading food manufacturing business selling finished product to a wide range of customers across New Zealand.
Well established, the business has grown to become a preferred supplier/manufacturer of premium food products for leading blue chip and household name businesses throughout New Zealand and direct to the customer. This diverse set and number of customers is a strength of the business as there is no reliance on any single customer for sales.
This business has experienced staff and quality machinery, and is set up to manufacture so much more, with huge potential both here in New Zealand and possibly further afield. The owner is very willing to stay on post sale, so this should provide comfort in a smooth transition.
With sales over $10,000,000, this manufacturer also has great profits, good supply lines, and significant potential to increase sales and profits, with current operating capacity and capability at only 25%. With key operational staff in place the business would be suited to someone with GM, or a Sales and Marketing background, to drive and develop the business and the brand to the next level.
The current stock value is approximately $600,000 and reflects a mix of raw material and finished product. Plant value is approx. $1,300,000 and is in good, well maintained condition.
For more information, please contact us to arrange an appointment to sign a Confidentiality Agreement.
Appraised Price $2,200,000 + estimated stock value $600,000