Ad ID: 79356

Engineering Business for Sale Auckland

Previous profitability well above current levels. Turnaround opportunity.


Business for Sale Description

Engineering Business for Sale Auckland

The opportunity

This business was formed 40 years ago. It has previously turned over in excess of $2 million pa, and produced profits to a working owner of between $350,000 and $450,000.

The owners recently embarked on an unrelated new business venture. This has taken time and focus away from this business, with a resulting reduction in profits. The owners have reluctantly decided to sell the business, so as to develop their new venture. This presents a significant opportunity for a new owner to regrow the business. A new, high margin product has recently been developed which should assist in this regard.

Business strengths

  • In business for 40 years
  • Niche product offering
  • Good corporate client base, including several ‘blue chip’ companies
  • High levels of repeat business
  • New high margin product shows strong growth prospects
  • Experienced and skilled staff
  • Owners not typically ‘on the tools’
  • Mainly a Monday to Friday operation
  • Upfront deposits assist with cashflow
  • Extensive plant

The buyer

The business will suit someone with good sales and general management skills. Some experience of engineering/manufacturing processes will also be beneficial.

Net surplus: $177,352 projected year ended 31 March 2019 ($404,917 average two years to March 2017) EBPITD - Earnings Before Proprietor, Interest, Tax and Depreciation

If you are interested in this business and would like more information, then you will need to sign a Confidentiality Agreement.  Please click on the link below and then click on the link at the bottom of the page.

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Tabak Limited (Tauranga)
For more info

Jonathan Barrett

09 306 8634 or 021 538 194
Business hours
Phone: Jonathan Barrett 09 306 ... or 021 538 194
Tabak Business Sales (Tauranga)
Licensed REAA 2008
Broker Ref: 230119

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