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*** SOLD ***
Specialised Precision Engineering Business.
Listing: #12941
Bruce Cattell
Broker | LINK Corporate
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in
Specialised Precision Engineering Business.This long established business specialises in the refurbishment of precision rollers for printing and packaging machinery and other precision rollers used on any machinery producing sheet product. The business also refurbishes hydraulic rams, spears, metal crusher shafts and any precision cylindrical components for heavy industry. The owners ill health in recent years means the business is somewhat run down. It is anticipated a new owner with sound commercial & business development skills could grow this business considerably going forward. o Business Name: TBA o Location: Auckland. o Suitable for relocation : Yes. Circa 200 - 300 m2 required o Extensive 100 + client base including major brand names. o 2009 T/o $ 500k + o 2009 profit to working owner (EBPITD) $130k + o Experienced employees will stay o Excellent specialised equipment o Average $140 per hour machine rate achieved o $195k in lathe work contracted out last year – lost profit opportunity. o Add lathe capacity, hard chrome plating, rubber or lurethane coating, or metal spraying/hard facing services to grow the business immediately. o Reason for Sale: Ill health of owner o 20 year + trading history. o Asking Price: $280,000 This business represents an excellent opportunity to acquire a profitable addition to an existing engineering business.
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.