A unique opportunity to purchase a profitable Engineering business. Enterprises of this nature offer their owners excellent stable and consistent income with further growth potential and hence they are hard to obtain and tightly held.
This South Auckland based engineering / fabrication / business has been established for over 40 years, and operates from a purpose built factory. A long list of regular clients of around 200 and an extensive database of over 600. This high value customer base is made up of some very well know NZ brands.
A solid business offering a consistent and significant profit history. Its reputation in the market is highly regarded and supported by a team of skilled, long term and reliable employees. The business has delivered consistently on their financial results. They have a revenue of $3,751,753 and have achieved a normalised EBITDA figure of $811,689 in FY17. There has been significant investment in hi tech plant and equipment in recent years, adding to the offerings and diversifying the business. There is a strong pipeline of future work and significant opportunities for growth for an astute investor.
This business is for sale by tender, closing on 2nd June 2017 at 4pm (NZT).
Due to strict client confidentially, further details of this business have been withheld. Additional information will be provided to interested buyers once confidentiality agreement has been completed. Please contact Shelley May on 021 286 3274 to enquire.