Listing #:1838318929

Profitable Engineering Biz - Plenty of Potential

Location: North Shore City, Auckland
*Cash surpluses exceed $300K Year after Year after Year.
2019 cash surplus will be approx. $335K.

This very stable engineering manufacturing business has a 50 year history built on their reputation for quality, precision and service. Sales are split between contract manufacturing, repair and maintenance, one-off jobs and the manufacture and sale of their own branded products to a specialist market.

New clients come almost exclusively via word of mouth. Use your marketing and sales skills and take the opportunity to acquire more new business.

With its very experienced and capable team of employees, well-equipped workshop and high spec machinery, this business offers a wide range engineering services to their existing and potential clients. Clients are diverse and located locally and overseas.

In order to ensure the smooth transfer of customer relationships and other IP, the vendor is willing to negotiate regarding a handover period with the right buyer.

This business will suit someone with an understanding of engineering and/or manufacturing who is entrepreneurial and wants to run their own business. It could also be a great bolt on to an existing business.

A profitable, well managed business with a great reputation and solid future, awaits a new owner.

Asking Price $1,095,000 includes Plant, Equipment & Stock of approx. *$760,000

A detailed information memorandum will be made available to approved parties. I may have to meet you face to face first. To find out more, visit www.barkerbusiness.co.nz/BBS2348, register your details, submit the online Confidentiality Agreement. Geoff will be in touch.

Cash Surplus = EBPITDA.
*Source of information - Supplied by the Business Owner.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.

Agency reference #: BBS2348
Asking price: $1,095,000
Listed: Thu 15 Nov, 9:09 am
Geoff Mackenzie
Barker Business Brokerage
  • Contact details
  •  (09) 9734079
  •  (029) 9935008

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Agent's details

Geoff Mackenzie
  •  (09) 9734079
  •  (029) 9935008
Barker Business Brokerage
(09) 4480755

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