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Overview
This business manufactures and distributes specialised timber processing machinery, primarily to the building truss and frame industry and secondly to general timber processing plants. The products are produced under a well known and respected brand name, dating back to 1978 when the business started producing what would be the number one radial arm saw used in the building industry for truss and frame production.
These machines have been sent to Russia, South Africa, Japan, Malaysia, USA, Canada, and to the strongest market in Australia, as well as being used extensively in New Zealand.
The business has strong ties to the major nail plate producers who are strong promoters of the products to their customers. Product development has produced a good range of machinery available now in manual or CNC, all of which meets OSH safety guidelines for all markets.
The business achieved sales of five million dollars in the 2008 financial year, before the global economic crisis affected both domestic and international markets. Significant restructuring of the business has since taken place and sales for 2012 are looking very strong with a number of machines already produced and dispatched to order, plus additional orders currently in production.
There is expectation for a prolonged and gradual period of sustainable production in housing which will provide a significant boost in sales.
Staff
2 x Factory
1 x Admin
1 x Design
1 x Sales / Management
Both the owner and his son would be available to continue with the business in design and sales roles as well as management if required.
Summary
This is an exceptional, long serving business providing essential industrial machinery to an international market. It enjoys close and beneficial relationships with the world’s largest suppliers of materials to the industry, including computer numeric controllers that interface with industry leading software.
There is an excellent sales and design team in place to grow the business to new levels.
Asking Price
Tangible Assets $220,000
Intangible Assets $860,000
Stock
$820,000
TOTAL PRICE $1,900,000
Contact Rex Hayes
07 577 9459, 021 598 774
Ref: 70267
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