Sold

Niche Specialist Engineering - High Earner

SOLD

This strong, essential, consistent niche services business has produced *cash surpluses of $400K for many years in a row. Regardless of recessions or lockdowns, results remain excellent and stable.

They offer specialist services to a niche market, providing in-demand repair and maintenance services to high volume essential product manufacturers.

With a small team of well-trained staff, a solid core of repeat clients and 20 years of excellent reputation, this is a winning model which is easily managed by the vendor.

This will suit someone with a background in one of the engineering or mechanical trades who is entrepreneurial and wants to run their own business. If you have the training & desire to be a reasonably hands-on owner operator, here is an opportunity for you to earn a very high income.

•    A constant stream of work from long-standing clients
•    No stock requirement
•    Excellent cash flow
•    A very high gross margin
•    No immediate capital expenditure required

New clients come via word of mouth and through relationships with managers of plants who move to another employer. You could actively find more clients, add another employee or two and grow  your profits substantially.

The vendor will offer a thorough handover and training terms to an approved buyer. To the right person, this is a low risk business which offers great rewards.

Asking Price $899,000 (includes all plant and any stock)

A detailed information memorandum will be made available to approved parties. I may have to meet you face to face first.
To find out more, visit www.barkerbusiness.co.nz/3011, register your details, submit the online Confidentiality Agreement. Geoff will be in touch.

*Source of information - Supplied by the Business Owner. Cash Surplus and $400K Profit = EBPITDA.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2021.

Details

Region Auckland
Price SOLD
Business ID 3011
Category Industrial/Manufacturing

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