Listings } Tabak

100817 - General & Precision Engineering - $1,700,000

Location: Timaru Region; Ref #: 100817. This is a unique opportunity to own a well established engineering workshop which specialises in general and precision engineering, machining, stainless steel and alloy welding, repairs and fabrication.

 The business has multiple revenue streams  from the workshop, retail and showroom, mobile farm shop, and agency commissions from its global dairy and farming agency. The business is also a reseller of complementary products enabling the business to reduce its overall business risk.

The business has the infrastructure already in place to grow further given the workshop and premises excess capacities. Furthermore, the business has developed, manufactured and patented a superior product for the dairy industry that has yet to be marketed. If a new owner wants to continue to grow the business further, the following actions could also be considered:

  • Continuing to promote the mobile farm shop
  • Consider increasing staff levels to cope with demand and workload
  • Taking advantage of changing regulations for further capital sales
  • Anticipating and preparing for dairy and farming industry changes; and
  • Improving sales and marketing efforts through an online presence

    Strengths of the Business

    • Extensive and well equipped workshop
    • Multiple revenue streams
    • Global dairy and farming agency
    • Reseller for several complementary product ranges; and
    • Branding and history

    Whilst an engineering background would be beneficial, a practically minded person would be able to actively manage this business. The new owner could be someone who has a business development background with strong marketing skills with the desire and expertise to grow the business even further. Or perhaps their skills are more project or engineering based and are able to systemise and automate the business to suit their requirements. Whatever their background they will be acquiring an excellent platform for continuing growth and an ability to see the business reach its full potential.

    Net Surplus: $437,730 (Actual FY 2017) EBIT

    Contact: Andrew Larsen

    Office: Auckland

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