Ad ID: 76539
Specialist Engineering Business for Sale Auckland
Maintenance Engineering Biz High Earnings
Business for Sale Description
Specialist Engineering Business for Sale AucklandTurn your skills on the tools in to dollars in your bank account.
3 year average *cash surplus over $400K PA & growing.
To the right person, this is a low risk business which surprisingly could perform better in an economic downturn!
Here is a long established, stable, specialist repair and maintenance business which services clients across a variety of industries. With a small team of well trained staff, a solid core of long standing repeat clients, and 17 years of excellent reputation, this business is very stable.
There is no stock requirement and excellent cash flow. The business produces a very high gross margin and there is no immediate capital expenditure required.
The vendor says there is no obvious direct competition and new clients come along regularly via word of mouth. There is a real opportunity to grow via marketing and sales activities, which are not currently undertaken. Potential clients outside of Auckland have been left largely untouched to date.
This business will suit someone with a background in fitting & turning, machining, or general engineering who is entrepreneurial and wants to run their own business. It could also be a great bolt on to an existing business.
The vendor realises that he is an important part of the business; he is therefore willing to negotiate regarding a handover period with the right buyer. The business could be relocated.
A profitable, well managed business with a great reputation and potential future growth, awaits a new owner.
The asking price of $995,000 represents a great return on investment to the right buyer.
A detailed information memorandum will be made available to approved parties. I may have to meet you face to face first. To find out more, visit www.barkerbusiness.co.nz/BBS2417, register your details, submit the online Confidentiality Agreement. Geoff will be in touch.
*Source of information - Supplied by the Business Owner. Cash Surplus = EBPITDA.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.
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