Specialist and General Engineering Workshop

Manukau City

$600,764

Proposed Usage
Manufacturing
Description:
Property ID
1brlznb



Specialist and General Engineering workshop for sale for the first time in 36 years. The owner is retiring. This well-known business has a number of longstanding customers who continue to support the business and provide a ready platform from which to grow. Looking to the near future there are several exciting projects being researched that may well add substantially to the current profitability. Due to poor health the business is returning $100K+ to the owner who is not working iun the business at this stage.

For a working owner who works in the business for 4 hrs a day a further $100K could be easily added to the bottom line.

What's the opportunity?

Either for a marketing driven person to take the reins and continue the good work that has been done,

or,

For another company to buy out the business to gain market share and add to their bottom line.

The business has been priced on an asset valuation - not on goodwill that is often disproportionate to reality. You are getting what you pay for this time.

Give me a call to discuss this confidential opportunity to see if it is right for you.

Reference: EL00295
Ref: EL00295
Timestamp: 20170623054526

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