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*** SOLD ***
Engineering and Fabrication. Vendor Says Sell!
Listing: #18943
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 and Fabrication. Vendor Says Sell!The Vendor wants action on this growing Auckland based Engineering business specialising in heavy fabrication, on-site engineering, installation, site welding and maintenance works. Recent work has included welding and fabrication of civil infrastructure steel work, bridge railings and side barriers, overpasses and tunnels. Pilings for bridges, wharfs and pontoons. High profile projects have included major motorways & roads, bridges, tunnels & wharves in greater Auckland and the upper North Island. The business is highly regarded for its high quality workmanship and its ability to deliver projects on time and enjoys excellent relationships with an established “Blue Chip” client base of major building and construction contractors. Market-place demand is firm & could support a further scaling up of operations. Opportunities clearly could exist for a savvy operator to grow the business further. Genuine reason for sale. This opportunity could equally suit an ambitious owner operator or another engineering business seeking to grow their own business by acquisition. This business is priced to sell and the asking price of $600k includes $400k of plant, equipment and motor vehicles as well as a good pipeline of forward work. Note: Strict confidentiality applies. To this end the name and location of this business will only be disclosed at a personal meeting with the broker. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared. Complete a confidentiality agreement at linkbusiness.co.nz/18943
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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.