Ad ID: 75940

Engineering Business for Sale Auckland

Engineering - General & Precision

Location:
Asking:
$1,226,000

Business for Sale Description

Engineering Business for Sale Auckland

Business Opportunity

This is a great opportunity to own a well-established engineering workshop which specialises in general and precision engineering, on-site machining, machine repairs, maintenance and manufacturing jib cranes and lifting equipment, which is now in its 50th year of trading. The business has multiple revenue streams from its various service offerings and has delivered consistent financial performances over several years. The business continues to reinvest in software and technology which will ensure this trend continues.

Growth Opportunities within the Business

The business has the infrastructure in place to grow further given the workshop has excess capacities. Furthermore, the business has developed and manufactures jib cranes and lifting equipment, an essential ingredient of ongoing Health & Safety considerations. If a new owner wants to continue to grow the business further, the following actions could also be considered:

  • Extending onsite machining services, especially line boring
  • Consider increasing staff levels to cope with demand and workload
  • Taking advantage of changing Health & Safety regulations
  • Continuing the focus on repair and maintenance work
  • Improving sales and marketing efforts.

Strengths of the Business

  • Extensive and well-equipped workshop 
  • Multiple revenue streams
  • Good database of repeat clients developed over several decades
  • Good staff retention
  • Branding and near 50 year history

Ideal Owner

Whilst an engineering background would be beneficial, a practically minded person would be able to actively manage this 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 based and they 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.

Net Surplus $ 490,624 (Actual FY18)

EBPITD: Earnings before one Proprietor, Interest, Tax & Depreciation

Interested In This Opportunity?

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Tabak Limited (Tauranga)
For more info
Contact:

Andrew Larsen

09 307 3569 or 027 483 4200
Phone: Andrew Larsen 09 307 ... or 027 483 4200
Tabak Business Sales (Tauranga)
Licensed REAA 2008
Broker Ref: 270918

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