Solid Profits for Engineer or Investor
About this business for sale in CanterburySolid Profits for Engineer or Investor
This local engineering company was established 35 years ago and is the “go to” place for general engineering, machining, welding, fabrication, structural work and dairy platforms. They perform limited production engineering of their own patented products, rounded out by a large retail engineering store, thus, producing numerous income streams.
Situated on the border of a booming country town, from where the majority of their work originates, they are called on to do work from Culverdon to Invercargill.
The workshop/office measures approx. 2,000sqm and is situated on over 5,000sqm of highly viable, industrial zoned land. It boasts easy and quick access to main state highway.
They currently employ 15 staff members plus the working owner, who is now ready to retire.
This business would ideally suit an engineer, although profitability wise, it could appeal to an investor.
The owner is a local person who isn't going anywhere, he would contemplate being retained as a mentor to the new owner if this was desired.
The price includes a full range of excellent modern equipment and shop stock. This, along with consistent profits, ensure most bank managers would love to talk to prospective purchasers.
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
***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. Please contact the broker for further details.
+64 3 366 3394
+64 21 909 950
*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.