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Engineering Business For Sale in Auckland

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Import, Assemble & Sell ? In Demand Biz

Location:Auckland

Category:Engineering

Asking Price:$565,000

565000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Import, Assemble & Sell ? In Demand Biz

Business description


With a 2019 *cash surplus of over $230K and on target for higher, this long established stable business offers a great return on investment to a new owner.

The business owns the IP and designs for products which it imports, assembles and sells. This provides approx. 80% of the annual revenue, with the balance coming from a specialist service offered to a niche market.

Other attributes include;
- Strong well-trained staff structure
- Ability to custom design and build to client specs
- Long history and a great reputation
- Very suitable for a husband and wife
- Supplies to a large diverse market
- Real potential for growth for an entrepreneurial owner

This business could suit people from a variety of backgrounds, however an interest or skills in the mechanical, engineering, automotive or transport industries would be a benefit. Currently the vendor's roles include some admin, factory management and sales.

Cash flow is reported to be positive and bad debts are rare. Quality software programmes are used for accounting and inventory. A long term commercial lease will be signed with a new owner.
The vendor owns the building therefore has a vested interest in the new owner doing well.

You could add other services which require the same skills and abilities as the current staff and equipment offer, broaden the offering and grow the sales.

This could also be a great bolt on to someone in the same or similar industry that is looking for another branch or outlet.

Asking Price $565,000 (including plant and stock of approx. $250K).

A detailed information memorandum is available to approved parties. I may have to meet you face to face first. To find out more, visit [Web Link Censored], register your details, submit the online Confidentiality Agreement. Geoff will be in touch.

*Cash Surplus = EBPITDA - *Source information supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.

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