Iconic Engineering Business – Central North Island
Taranaki/ Manawatu/ Wanganui
Refer to Broker
About this business for saleIconic Engineering Business – Central North Island
For nearly a century this business has proudly manufactured all its products in New Zealand to ensure they deliver the highest quality product to their customers in many different industries.
Providing specialised CNC Machine Shop, Metal Casting Foundry, production assembly, and Electroplating services the business has delivered on their customers demanding requirements in New Zealand and around the world.
Located in the Central North Island this business provides a choice of lifestyle living and has good transport links connecting it economically with its customers.
Strong diversified product lines and turnover is solid with the hard work of stabilising the business for longer term sustainable profits having been done by the current owners.
Predominantly works on a business to business sales model with a wide customer base throughout New Zealand, Australia with additional sales worldwide.
There are many further growth opportunities that the owner can share with the successful purchaser. The operation is solid and has the capacity to handle additional sales.
Would appeal to somebody with an Engineering background looking for a lifestyle relocation or would suit a business looking for a strategic acquisition.
Asking Price $3,400,000 including plant and stock ($2,920,000)
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.