General & Structural Engineer
Location New Zealand
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 1991
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale Owner moving on.
Description $1,950,000. This general and structural engineering company has worked on numerous projects since 1970. Some of the vast range of projects it has been involved with have included bridge repairs, structural field buildings, steel beams, transport engineering, supplying tow bars, steel work and metal work. Clients such as a local power company and the district council are among some of the many constantly demanding the services of the prestigious facilitator.
The strengths of this business include: A good loyal team with conscientious personnel, A reputation in the field as completing a good job on time and to schedule. The team values taking pride in satisfying the customer. Machinery is well maintained and all vehicles function well. Unique heavy machinery generates a lot of local work.
Modern facilities with two gantries in the workshop. This premise has been custom built for the engineering industry with excellent working space
The previous owner is prepared to stay on for a negotiated transition period.
A well established client database is up-to-date and ready to be approached for more work if desired. More than 50 or 60 regulars are already keeping this business running on it's feet.
This facility would suit someone with an engineering background who has a good working knowledge of the trade. The company has gone from strength to strength. The prospective buyer could expand in areas such as earth moving equipment, steel related or fencing. This is a large company (average annual turnover $3,000,000) and credibility with the only competitor situated more than 70 km away. Contact for more information on this General & Structural Engineering business for sale.
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