Listings } Tabak

SOLD - 300517 - Electronic Servicing & Repairs - $899,000

Relocatable -North and /or South Island. Ref# 300517. Multi-site Option

 This is a unique opportunity to own a well-established and consistently performing business which repairs, services and maintains electronic equipment in the marine, industrial and dairying sectors.  The technical staff are able to carry out electrical repairs (on-site or in their workshop), to down to semiconductors and other circuit board components - which drives and operate business critical equipment.  The business also sells parts, instrumentation and equipment enabling it to diversify its revenue streams and therefore reduce its overall risk.

The following growth opportunities have been identified by the owners.  In some cases, the opportunity exists to reintroduce services that were previously provided but have taken a back seat as other services have taken precedence.

  • *        Potential branches in Auckland and Nelson
  • *        Sales of various instrumentation and other equipment
  • *        Employing further technicians to keep up with demand
  • *        Potential for considerably more work in the dairy and agricultural sectors
  • *        Extending marine ship service work
  • *        Instigation of scheduled preventative maintenance with customers
  • *        Moving into larger and commercial premises so increased workload can be completed

Strengths of the Business

  • *        Branding and history
  • *        Business critical essential supplier
  • *        Diversified customer base
  • *        Multiple revenue stream, and
  • *        Consistent growing Financial Performance

The ideal owner of the business is someone who has a sales and marketing or business development background.  In addition, they will want to grow the business' customer base, put the business on a secure marketing platform with the added desire to expand the footprint of the business.  They should also have the ability to talk as easily to the engineers as they do to management and owners.

Please note that the business currently operates from the owners home premises.  Upon the sale,  the business will need to be relocated.  With multi-site opportunities available, the head office could be wherever the purchaser requires it to be in the future.

Net Surplus:  $324,917 (FY17)

EBPITD:  Earnings before paying one Proprietor, Interest, Tax and Depreciation

Contact: Andrew Larsen

Office:    Auckland

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