Manufacturing cash through engineering innovation

LIGHT ENGINEERING – LIGHT YEARS AHEAD

Asking price: $685,000

This 40-year-old financially successful ‘Light Engineering’ business has been experiencing what could only be referred to as “explosive growth” in the last 12 to 24 months and it appears that that growth is likely to continue, based upon existing customer demands and current expansion and development of its product range. You can get an initial sense of that explosive growth simply by looking at trends in profitability. For example, whilst the E.B.P.I.T.D. for the year ended 31^st March 2016 was approx. $150,000, the approx. E.B.P.I.T.D. for the “6 months” to 30^th September 2016 was in the order of $200,000!

The existing owner has reached retirement age and realises that, despite the business growth being experienced, it is time to face the reality that the business requires a new owner with youthful passion and enthusiasm in order to maintain that growth and to, not only reach the new levels of financial achievement but to go beyond. In order to do so a new owner, with an engineering background, will ideally need good business managerial, sales and marketing skills to capitalise upon the business’ existing and future growth potential.

Looking for a secure business investment; 5 days a week; potentially your success story; with excellent long term staff; a business ensuring your long term financial success, then all we can say really is “Hello!” Contact us…. E-mail: – biz@remax.net.nz or call 021-0859-1893 (but do it now!)

We require you to fill out a confidentiality agreement before we are authorized by the Vendor to release further commercially sensitive and private confidential information.

E.B.P.I.T.D = Earnings Before Proprietor’s (salary); Interest: Taxation and Depreciation