Very Profitable Engineering & Steel Construction
Central Hawkes Bay
Refer to Broker
About this business for saleVery Profitable Engineering & Steel Construction
A successful business owner seeking to retire has created a unique opportunity to purchase a long-established and profitable Engineering and Construction business. Enterprises of this nature offer their owners excellent stable and consistent income with further growth potential and hence they are tightly held and hard to obtain.
Operating from a thriving North Island province with national reach, this well-known business has a large, high value customer base in the infrastructure, construction, dairy, winery and fruit growing and packing sectors. Services provided include sheet metal, precision and machining, structural and non-structural steelwork, sandblasting and coating, stainless steel, erection, design and fabrication.
Established for over 30 years, this business offers a consistent and significant profit history. Its reputation in the market is second to none; supported by highly skilled, long term and reliable employees. High profile projects and brands have included large retail stores, bridges, cycle ways and grandstands amongst other large engineering projects. 2016 revenue $11M+ and growing. There is a strong pipeline of future work and significant opportunities for growth for an astute investor are evident.
Note: Strict confidentiality applies. To this end the name and location of this business will only be disclosed at a personal meeting with the broker. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared.
Complete a confidentiality agreement at linkbusiness.co.nz/EL00404
+64 9 555 6010
+64 21 598 188
*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.