www.nzbizbuysell.co.nz/109729
Ad ID: 109729

Steel Fabrication Business for Sale Tauranga

Steel Fabricaton and Engineering

Location:
Asking:
$1,600,000

Why buy this Steel Fabrication Business

Steel Fabrication Business for Sale Tauranga

Commercial & Residential

The business has been operating for nearly 25 years (20yrs under current owners) and is now recognised within the Upper Nth Is as a leading specialist in their field.

A significant customer in the Rest Home sector makes up approximately 40 – 50% of the year on year income with the balance being spread across commercial and residential projects. Long established relationships with 5-6 group housing building companies provides consistency of work in that sector.

The majority of the income comes from these existing relationships plus also being invited to tender with a large number of commercial projects across the Nth Is. There are significant levels of confirmed forward work in place for the balance of the year.

The business has invested heavily and wisely with its management and staffing structure and the systems and processes are first class with some of the highest ranking industry certification being achieved.

Highlights:

  • Established history with an excellent industry reputation
  • Skilled and experienced staff with a very competent management team
  • Consistent turnover of $5m+ achieved over the past 4 years
  • Significant amount of confirmed forward work in place
  • Extensive and modern plant
  • Loyal client base with high levels of repeat business
  • Suitable premises and excellent location
  • Systemised production processes

The business will ideally suit a person from an operational and general management background. Some experience and/or understanding of engineering/manufacturing processes will be beneficial.

An extended handover period is available and this in conjunction with the highly skilled management team already in place should ensure the ongoing success of this business for a new owner.

For more info
Contact: Kevin Kerr

Kevin Kerr

07 578 6329
Business Hours
Tabak Business Sales (Tauranga)
Licensed REAA 2008
Broker Ref: # 120522

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