SOLD

Specialist Engineering, with Product & Service Sales!

Auckland

With a strong history, solid financials and experienced staff, this business is set to continue to reap the rewards from seeds it has sewn in the areas of fabrication, product sales and on-site engineering maintenance services.

Leveraging capabilities to work with steel, stainless steel and aluminum means varied customer demands are easily catered for. Competent staff deal with the day-to-day aspects of fabrication, product sales and maintenance work leaving the owners to focus more on tuning and business development.

With a known brand, this business is renowned for its quality of workmanship and benefits from established customer relationships and repeat work. Contracts are in place with significant long-term customers and these have rolled over repeatedly for many years.

For the last 5 years, this business has been delivering average consistent gross sales of $2.3M, GP of 34% and an average EBIT of over $300k after allowing for owners salaries. The realistic sale price includes plant, machinery, vehicles and stock.

With the engineering sector showing strong activity, there are opportunities to grow this business further with focus on any of the fabrication, product or service areas.

There is a genuine reason for sale. This business would suit an existing industry player looking to extend market share, or anyone with an engineering interest that is looking for a solid foothold in the industry.

A comprehensive supporting information memorandum is available to serious interested parties who demonstrate financial capability and relevant business experience.

Complete a Confidentiality Agreement for this business at www.divest.co.nz
Auckland
SOLD Dec 15 plus GST
Manufacturing/Engineering 
Listing ID DV10395

Price

SOLD Dec 15

Divest Business Sales

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Confidentiality Agreement