Engineering in Auckland. $845k profits

Auckland City

$2,600,000

Proposed Usage
Manufacturing
Description:
Property ID
1c6cwjv



This long-established and very well known engineering business has a 30-year history, successfully servicing clients in the greater Auckland area and the upper North Island.

Business activity is diversified across multiple market sectors. With a skilled staff and management team in place and an extensive inventory of specialist plant & machinery, the business has in-house capabilities to deliver a range of services to its blue chip clients.

The business enjoys excellent profitability, underpinned by significant levels of recurring revenue from customers delivering steady cash-flow.

This is a rare opportunity to purchase a large and well-established engineering business with size and scale.Delivering excellence for over 30 yearsDiversified customer base across multiple market sectorsExceptional staff in placeGross revenue $4.3 millionProfits exceeding $845,000The market position of this business is very strong, with significant barriers to entry for competitors. Customer demand could support a further scaling of operations, and opportunities exist for a new owner to grow the business further.

Genuine reason for sale. The business price is well substantiated by financial results.

Note: Strict confidentiality applies. To this end the name and location of this business will only be disclosed at a personal meeting with the broker. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared. Complete a confidentiality agreement at linkbusiness.co.nz/EL02267

Bruce Cattell | 021 779 439 | brucec@linkbusiness.co.nz

Martin Plom | 021 051 5507 | martin.plom@linkbusiness.co.nz

JD Hyslop | 021 377 569 | jd.hyslop@linkbusiness.co.nz
Ref: EL02267
Timestamp: 20190919064536

Enquire about this business