Engineering Biz, Fully Managed VERY Consistent $$$


The Vendor of this engineering business is retiring after 44 years of ownership. In the year 2000 the Owner began withdrawing his involvement after handing over the management role a few years earlier. The transition was so successful that the Vendors only involvement now is to call in once a week to say hello. A large and loyal customer base has been established over the years and continues to produce a very, very consistent turnover and profit with last years adjusted managed profit being $273,000. The business is based in a central Auckland location and has stable, long standing employees in place. The Owner is offering a new lease of 3 x 3 x 3 with 2 yearly rent reviews, OR the freehold may be purchased by negotiation. There is the option for a new Owner to run as is - fully managed, or take a more hands on approach and get fully involved with the day to day management. Asking Price is $1.1 million which includes Stock and Plant. If you are interested and would like more information about this business, visit, register your details and submit the online Confidentiality Agreement for reference #1860. Once Neil receives your expression of interest he will be in touch. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2015.


Region Auckland
Price SOLD
Business ID BBS1860
Category Industrial/Manufacturing

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