Highly profitable industrial engineering
Established over 40 years. The business has a regular customer base primarily in Christchurch with some out-of-town work. Limited competition. Very attractively priced offering excellent returns an owner operator. The business is currently semi managed.
An ideal business for an experienced service engineer, fitter welder, fitter and turner or investor.
The business provides a variety of services and specialist repairs. Experienced staff.
Centrally located with long term lease options in place with a modest rental.
A genuine motivated vendor is prepared to provide training and ongoing assistance to a new owner.
The business has weathered the Covid storm very well and is currently enjoying excellent trading.
Further details are available upon the execution of a confidentiality agreement.
For Sale: $168,000 or near offer
Turnover: $510,222 for the year ended 31 March 2020
$542,447 for the year ended 31 March 2021.
Cash Surplus: $99,632 for the year ended 31 March 2020.
$132,680 for the year ended 31 March 2021.
NB: The cash surplus available to an owner operator
The 2021 results are based on management accounts.
Further details are available upon the execution of a confidentiality agreement.
An ideal business for an experienced service engineer, fitter welder, fitter and turner or investor.
The business provides a variety of services and specialist repairs. Experienced staff.
Centrally located with long term lease options in place with a modest rental.
A genuine motivated vendor is prepared to provide training and ongoing assistance to a new owner.
The business has weathered the Covid storm very well and is currently enjoying excellent trading.
Further details are available upon the execution of a confidentiality agreement.
For Sale: $168,000 or near offer
Turnover: $510,222 for the year ended 31 March 2020
$542,447 for the year ended 31 March 2021.
Cash Surplus: $99,632 for the year ended 31 March 2020.
$132,680 for the year ended 31 March 2021.
NB: The cash surplus available to an owner operator
The 2021 results are based on management accounts.
Further details are available upon the execution of a confidentiality agreement.
Key features
Long Establishment
for over 40 years
Business Use
Ideal for an experienced service engineer, fitter welder, fitter and turner or investor
Trusted brand
has weathered the Covid storm very well and is currently enjoying excellent trading.
Staff
Experienced staff.
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.
