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Engineering Business For Sale in Auckland

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Engineering ? Fabrication & Fitting ? Super Profits!!

Location:Auckland

Category:Engineering

Asking Price:$895,000

895000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Engineering ? Fabrication & Fitting ? Super Profits!!

Business description


This Business
- 30-year history of success with a solid reputation and consistent repeat business
- No dependence on just a few customers; broad range of clients mitigates risk
- No dependence on a niche market; not vulnerable to economic vagaries
- A diverse range of skills and machinery incl welding, pressing, folding, machining
- Variety of work structural and non-structural
- Solid reputation for remedial work where others have failed = high margin
- Solid business processes developed over many years; efficient and effective
- Experienced staff who want to stay and a great culture
- Can almost self-manage, no need to get burnt out!
- Significant pipeline of future orders resulting in ability to forecast and manage
- Current owner has so much work he's turning the low margin stuff away

The Opportunity
- The owner is not an Engineer, so you don't need to be either!!
- The owner is happy to stay on to show the new owner the ropes
- Maintain the status quo and reap a very significant income
- Business can be semi/self-managed
- Invest a little more resources and take the business to the next level
- Append to an existing business to create economies of scale

Third party Accountants financials now prepared, the actual EBPITD is even higher than originally forecasted but the sale price has not changed!!!

EBPITD 2017 $249,982
EBPITD 2018 $348,873
EBPITD 2019 $421,732
EBPITD 2020 $530,000 (on current growth projections is achievable)

Asking price: $895,000 which includes plant and machinery and stock. 

At a capitalised value of approximately 47% this represents an amazing opportunity. If you are interested and would like more information about this business, visit [Web Link Censored], register your details and submit the online Confidentiality Agreement. Once Richard receives your expression of interest he will be in touch. 

*Source of information - Supplied by the Business Owner. 

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.

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