Ad ID: 79133

Engineering Business for Sale Auckland

Small Engineering business with Big profits

Location:
Asking:
$280,000
Turnover:
$1,057,000

Business for Sale Description

Engineering Business for Sale Auckland

A South Auckland based General Engineering and Fabrication Company with over 15 years of business history is now available for sale by way of outright sale. The business utilises much of it's own machinery based onsite to produce their products for a group of regular clients and has seen annual revenues between $800,000 - $1,200,000 over the last 5 years, but has been steady.

The business takes pride in sourcing quality suppliers and companies to work with n order to create the finished products. This includes laser cutting, water cutting, CNC punching, steel supply and protective coatings. The team of welders within the business have current welding tickets and last year the business decided to give the youngest worker an opportunity to do an apprenticeship and he is making great progress in his second year. 

2 working owners (Husband and wife) with 4 staff of various experience levels completing work from; 3D design and quoting through to welding and machining ready for delivery to customer. 

Current Owners own the building, so this business could be sold with the building if a buyer was interested in adding the building value into the price of the business and buying both for a strategic investment. Otherwise the Owners are happy to create a new lease for the new business owner.  

The current owners are ready for a lifestyle change and this is now an opportunity for a trade-based acquisition by a larger engineering or related business looking to acquire, staff machinery and customer base and potentially gain synergies and economies of scale, rationalising the overheads and adding the solid profit levels to their existing businesses bottom line. The business would also suit an owner operator with a background in welding or engineering. 

$85,000 in Plant, Stock and Equipment at book value.

Owners earnings $280,000 after wife's salary has been subtracted. Sales revenue $1,057,000 for 2018. 

For further information through a confidentiality process contact Jordan Larsen.

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Link Business Broking Ltd
For more info
Contact:

Jordan Larsen

022 423 3006
During Business hours only
Link Business (Ellerslie)
Licensed REAA 2008
Broker Ref: EL01883

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