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*** SOLD ***
Engineering - $800k + Profits
Listing: #15657
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 Auckland City
Engineering - $800k + ProfitsThis well established, Auckland based, Engineering Business works with some of the top construction and engineering companies in New Zealand to achieve demanding objectives on heavy fabrication and infrastructure projects. Services provided include:- heavy fabrication, contract welding, site welding, certified welding, structural steelwork, tungsten carbide hardfacing, heavy plant repair and servicing, fitting and machining, sand blasting and painting. * 2013 revenue circa $4.5 million * Profits $800k + * Excellent reputation * Skilled team & management in place * Well established with branding & systems in place * Auckland based An engineering background is not essential to run this business as skilled staff and management are in place. A new owner with marketing, financial and business development skills could develop further opportunities for growth. A comprehensive memorandum is available and the total price of $1,850,000 is well supported with financial history. This represents an excellent opportunity to acquire a well known and profitable business with significant growth potential.
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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.