Link Business
*** SOLD ***

Waikato Engineering Business – Semi Managed

Listing: #WK00323
price

$1,051,000

Profit

$290,000

sales

$1,480,000

industry

Waikato


Rick Johnson

Broker | Waikato

Rick Johnson

rick.johnson@linkbusiness.co.nz

+64 7 260 1180

+64 21 991 485

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Waikato

Waikato Engineering Business – Semi Managed

This successful engineering business is semi managed, has operated with the current owner for over 20 years and services a large number of Waikato “blue chip” clients.

The key attributes are:

  • Undertaking design and fabrication of a huge variety of items in the food processing and dairy industries.
  • It has a solid reputation with its customers and prides itself on its accuracy and quality.
  • The business operates out of tidy and well setup premises.
  • The equipment is impressive and well maintained.
  • The business has capacity for growth to a motivated purchaser and the current owner is happy to provide a solid transition and support post sale if required.
  • Earnings to 1 working owner (before interest, tax, depreciation) has averaged $290k over the last two years
  • The business operates very efficiently with a relatively small team

This business would be the ideal step up to owning a business for a qualified tradesman/couple or a great acquisition for an existing business owner.

Call me now as this business will not be long on the market!

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

Waikato
rick.johnson@linkbusiness.co.nz
+64 7 260 1180
+64 21 991 485

Rick Johnson

Enquire Now
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.