Engineering Business on Track for $300k+ Surplus
- Proposed Usage
- Property ID
'18 Turnover $1,503,749*
'17 Turnover $1,304,715
'18 EBPITDA $374,828*
'17 EBPITDA $300,162
*2018 figures based on actuals to 31/1 and accountants projections; EBPITDA to 2 working owners.
The investment has been made in the operational systems and processes to get this fabrication and engineering business tracking strongly and ready for new owners to take it to the next level.
Strong relationships with key customers provide regular repeat work, with the owners able to pick and choose the work they want in the current booming NZ market. There is currently very little investment in marketing - there's not even a website at the moment!
There is a good staff team operating 5 days a week with the owners filling management and quoting roles.
The owners want to see the business continue to thrive and to this end are flexible regarding transition to the successful buyer. One of the directors has indicated they are willing to carry on as an employee if required.
Don't delay, get in touch today to find out more.