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*** SOLD ***
Manufacturing Engineer.
Listing: #13448
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 Waitakere City
Manufacturing Engineer.For over 30 years this West Auckland based business has provided industry with a wide range of pressed items, sheetmetal and tubular custom made products for shopfitting, furniture, wire making, electrical & general purposes. The business returned over $200,000 to a working owner in 2010/2011 on revenue in excess of $800,000 and benefits from a stable, long serving, highly skilled work force. The sale includes and plant & machinery recently valued at circa $250,000. Current staff levels in addition to a full time owner are a foreman & 3 or 4 skilled staff plus an part time admin. The business currently supply their clients with a wide array of products & services including:- gland & mounting plates and transformer clamps for the electrical industry, saddle clips & mounting plates for aerial manufacturers, castor brackets & stays for the furniture industry, parts for supermarket trolleys & childrens strollers, specialised nail plates for the timer industry & fitness equipment, plus many, many other niche products Potential enquirers should note: The business is located in West Auckland and is not easily relocatable away from that area without losing the skilled staff. In 2011, 63% of the total business revenue came from one customer. This business would ideally suit a new owner with sales & marketing skills to expand the customer base and drive new product development.
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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.