Engineering - General and Precision
Business for Sale Description
General & Precision Engineering Business for Sale Timaru Region
This is a unique opportunity to own a well-established engineering workshop which specialises in general and precision engineering, machining, stainless steel and alloy welding, repairs and fabrication. The business has diversified and multiple revenue streams including revenues from the workshop, retail and showroom, mobile farm shop, and agency commissions from its global dairy and farming agency. The business is also a reseller of complimentary products enabling the business to reduce its overall business risk.
The business has the infrastructure already in place to grow further given the workshop and premises excess capacities. Furthermore, the business has developed, manufactured and patented a superior product for the dairy industry that has yet to be marketed.
Whilst an engineering background would be beneficial, a practically minded person would be able to actively manage the business. The new owner could be someone who has a business development background with strong marketing skills with the desire and expertise to grow the business even further. Or perhaps their skills are more project or engineering based and are able to systemise and automate the business to suit their requirements. Whatever their background, they will be acquiring an excellent platform for continuing growth and an ability to see the business reach its full potential.
Sale Price : $1,700,000
Net Surplus : $437,370 (Actual FY17)
EBIT:Earnings before Interest and Tax