Outstanding Innovative Auckland Engineering Business.
Sales $5.0m* EBITDA $1m +*
Motivated Vendor has had a change in family circumstances and is relocating. This outstanding steel fabrication and steel erection business has to be sold. The business has achieved in 3 years what most engineering companies would take many years to do and that is to build a highly profitable business.
The results speak for themselves
Revenue
– 2021 $1.9m
– 2022 $3.6m
– 2023 $5.0m Projected*
EBITDA
– 2021 $335,000
– 2022 $709,000
– 2023 $1,100,000 Projected*
Pipeline of forward work into 2023
– Pipeline of Committed Work $2,000,000
– Deposits Held $470,000
– Projected* GP Av $20%
Their service orientated approach attracts new clientele while also maintaining a solid base of return customers. The practical & innovative IP provides systems to manage projects end to end, maximising production & efficiency translating to these fantastic results. Those with an existing portfolio of engineering businesses could transfer these systems across your businesses to increase profitability across the board.
There is a great in house team of professionals in place all of who are wanting to stay on. The current owner is also willing to consider providing consulting services for a fixed term after the sale.
If you are looking to secure your own profitable business or maybe looking for a sound acquisition that can add value to your existing operation you need to take a look at this business-this is a rare opportunity.
For more information contact Mark Lewis on 021355569
All qualified enquiries will need to sign a confidentiality agreement.
