Ad ID: 77210
Engineering Manufacturing Business for Sale Auckland
Busy Engineering Business - $360K Profits
Business for Sale Description
Engineering Manufacturing Business for Sale AucklandWith a long history and great reputation for quality, precision and service, this engineering manufacturing business is very stable and well structured.
They offer a concept to completion service to a broad range of clients from their fully equipped workshop, including; contract manufacturing, one-off jobs, and the manufacture and sale of their own branded products.
The vendor says that new work and clients come almost exclusively via word of mouth. Therefore being able to supply a wide range of engineering services and having a very experienced and capable team of employees, means there is definitely an opportunity to acquire new business through marketing and sales activities, which are not currently undertaken.
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, in order to ensure transfer of customer relationships and other IP.
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. You do not need to be hands on in the factory as the vendorâ€™s role is that of a General Manager. This could also be a great acquisition for a business already in the industry.
This is a profitable, well managed business with key staff in place. It has a great reputation, a solid future, and is waiting for a new owner.
*2019 Cash Surplus over $360,000.
Asking Price $995,000 (includes plant and stock valued at approx. $750,000).
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/BBS2348, register your details, submit the online Confidentiality Agreement. Geoff will be in touch.
Cash Surplus = EBPITDA.
*Source of information - Supplied by the Business Owner.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.
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