Profitable, Homebased, Engineering Consultancy
Business Sold North Island, North Island 0
Business Category Civil-Construction
SOLD
Description
Profitable, Homebased, Engineering Consultancy
With an excellent name and reputation, this North Auckland based consultancy firm are many building companies and developers first choice for engineering services.
- *2022 Owners Cash Surplus = $559K
- Consistent sales growth, over 25% from 2021 to 2022FY
- Work from home business model (7 staff)
- Ongoing support from owner
The business would be the ideal addition to an existing consultancy, engineering firm or building company, but could also be an excellent buy for a savvy investor or a newly chartered Engineer who wants to maximise long term income.
The owner will stay involved in the business for a salary of *$180,000, leaving $379,000 return for the new owner, who can concentrate on the part time management and administration role.
With a team of 6 reliable and experienced staff members, the business has shown excellent growth for the past 5 years, even with Covid, turnover increased from $963K in 2021 to $1.316M in 2022. Sales to date are shaping well and the Vendor expects similar growth this FY. Constantly turning work away, the business has huge potential to further expand with additional staff.
This is an excellent return on investment and an exciting investment opportunity for a solid, profitable business with further potential for expansion and *ongoing support from the old owner for up to two years.
Asking Price $870,000 (negotiable) Including plant and equipment
*Source: Information supplied by the Business Owner or the Owners Agent(s).
To learn more visit XXXXXXXXXX , register your details and submit the online Confidentiality Agreement and Alan will be in touch. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2022.
Property Code: 3308
- *2022 Owners Cash Surplus = $559K
- Consistent sales growth, over 25% from 2021 to 2022FY
- Work from home business model (7 staff)
- Ongoing support from owner
The business would be the ideal addition to an existing consultancy, engineering firm or building company, but could also be an excellent buy for a savvy investor or a newly chartered Engineer who wants to maximise long term income.
The owner will stay involved in the business for a salary of *$180,000, leaving $379,000 return for the new owner, who can concentrate on the part time management and administration role.
With a team of 6 reliable and experienced staff members, the business has shown excellent growth for the past 5 years, even with Covid, turnover increased from $963K in 2021 to $1.316M in 2022. Sales to date are shaping well and the Vendor expects similar growth this FY. Constantly turning work away, the business has huge potential to further expand with additional staff.
This is an excellent return on investment and an exciting investment opportunity for a solid, profitable business with further potential for expansion and *ongoing support from the old owner for up to two years.
Asking Price $870,000 (negotiable) Including plant and equipment
*Source: Information supplied by the Business Owner or the Owners Agent(s).
To learn more visit XXXXXXXXXX , register your details and submit the online Confidentiality Agreement and Alan will be in touch. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2022.
Property Code: 3308
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