Engineering - Fabrication & Fitting - Super Profits!!

SOLD

Here is a unique opportunity to purchase a very profitable engineering business with significant potential for upside growth 

Originally established 30 years ago, it has carved out a solid, consistent reputation for getting the job done. 

It has a great blend of small, medium & large projects across a board range of clients, both repeat business and one-off projects. 

Welding, pressing, folding, machining, structural and non-structural work, this business will find a solution. And because it has a solid reputation it often gets the high margin remedial work where others have failed. 

Excellent business processes, experienced staff and fantastic working culture has created a model and working environment the envy of many.

 It has a significant pipeline of future orders and excellent opportunities for growth. An astute buyer can either maintain the status quo and reap a significant income from a business that is already semi self-managed or put the resources into the business to take it to the next level. 

EBPITD Conservatively the FTE for 2019 is projected to exceed $400k (we are awaiting the 2019 annual accounts from the accountant). 

Asking price: $895,000 which includes plant and machinery and stock. 

Reference Number BBS2487

*Source of information - Supplied by the Business Owner.

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Testimonials

  • Rikki Glass

    “I would like to thank you for the professional way in which you assisted us with the sale of our business recently. Throughout the entire process you took the time to not only understand the details of our business but also understand our personal needs, which included, if possible, the opportunity for us to stay in the business.”

  • Roy Bell

    “From our initial interaction to the final closing of the deal, Richard's professionalism and experience were clear. He was not only responsive and thorough but also exceptionally proactive in addressing potential hurdles, making the complex process of buying a business smoother than I could have anticipated.”

  • Phil Cookson

    “Richard did an excellent job in selecting and vetting potential buyers. He found us a buyer who was not just a good match for our company’s culture but also saw the importance of keeping family members involved in the business as part of the sale agreement. His approach was practical and focused, ensuring a deal that worked well for everyone involved.”

  • Andy Ferguson

    “What a true professional Richard is. I had no idea how to estimate its value, yet Richard researched it thoroughly and read the market just right and got it spot on. For anyone who wants a salesman who genuinely listens to you, allays your fears and anxieties, guides you with incredible patience and reassurance I cannot recommend Richard Jacobs of Barker Business Brokers enough.”