Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Business For Sale. Engineering Business - Average Returns +$110,000

LISTING DETAILS
Firms For Sale ID:
30988
Vendor reference:
12749
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$220,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This highly profitable engineering business was founded approx 6 years ago and continues to grow year on year.

Sales over the past 3 years have increased significantly by hundreds of thousands of dollars, pretty impressive through a recession.

The workshop is well set up with excellent plant and equipment in place, in addition to experienced and reliable staff.

The business has an outstanding reputation throughout the North Island, and enjoys repeat work from a loyal client base.

There is a good lease in place and the premises offer ample parking and access for commercial vehicles.

If you have experience or background in engineering then this business is an absolute must see.

The hours of operation are 8 to 5pm Monday to Friday only with the occasional weekends as and when required.

The business would ideally suit an existing engineer to take over the business as an owner operator or alternatively a great opportunity for a merger / acquisition.

The owner has built the business up to the success it is today and is now looking to spend more time with his family and seek a new career / business venture.

The business is in a very healthy position and ready for the new owner to walk in and take over and reap the future rewards.

Year Ending 2011 Sales were around $1m with a return of $207,000 to the working owner and this year the business will yet again return the owner a wage well in excess of $100,000 .

Good vendor handover / assistance is offered with the business. There are not too many businesses like this currently on the market so it is worthy of your consideration.

This business is ideal for a merger / acquisition or would suit an existing engineer wanting to enjoy the benefits of living in the Bay of Plenty and running / owning a very succesful and highly profitable business.