Engineering Business - EBPITDA Over $500k (FY20) | ABC Business

Engineering Business - EBPITDA Over $500k (FY20)

$1,295,000 - Wairarapa

Industry: Engineering

#29278

Structural & General Engineering / Lifestyle Location.

This is an engineering business 30 years in the making! Located in a lifestyle location in the Wairarapa, it packs a big profit punch for a modest investment of $1,285,000 plus stock, and the Vendor is prepared to work through a structured transition if required.

Loader Construction Engineering Limited is part of the fabric of the Wairarapa. Located in sunny Masterton, the company carries out a wide variety of structural and general engineering work across greater Wellington for a loyal customer base numbering over 300 active entities.

With a particular speciality in seismic strengthening structural work, outputs are by no means limited to this, and the company carries out structural and general capital and R&M works for timbers mills, concrete yards, grain & seed processors, vineyards, transport companies, roading contractors, logging contractors, power and utility providers, rail operators, local authorities, and so forth. The team are also quite capable of undertaking light commercial and residential architectural work which provides further diversification.

A very stable team of 13 includes 5 fully ticketed and experienced engineer/welders, and a fulltime CAD operator. There are two working owners at present, one of whom is happy to work on through a transition.

A crane hire operation sits within the Loader Construction Engineering business serving a range of customers across the Wairarapa through a discreet profit centre. All cranes are fully certified.

This price is substantially underpinned by tangible asset value and is genuinely good buying, reflecting the fact that the retiring owners are motivated to sell.

The vendor also owns the freehold property which accommodates this business, for sale by a separate agreement.

Contact Gerard Dunne - 027 220 8277 for further details.

Price $1,295,000

For a confidential discussion please complete our online confidentiality agreement.
Use this link to get started www.ds4u.cc/abc?ref=29278

To obtain more information click here to complete a confidentiality agreement

Location: Wairarapa

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Our brokers

Gerard Dunne

027 220 8277

Gerard Dunne

027 220 8277

Contact Gerard

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