Profitable Business. Desirable Provincial Lifestyle City. Pipeline of Forward Work.
Successful Engineering Company with a well-established reputation and consistently profitable performance. Current performance is from confirmed orders around $2.7million, a strong forward pipeline of quoted works plus a consistent nonquoted workflow. This is indicative of continuity of performance delivering strong returns to the shareholders.
The location is not divulged at this stage in order to maintain confidentiality. The company is well-known and held in high regard in the region and this is to minimise the risk of it being identified. Suffice to say this NI city/region is recognised for its outstanding and varied lifestyle desirability and advantages.
Apart from the absence of traffic woes, it has a growing population, excellent schools and every imaginable activity-base one might possibly indulge in. The regional economy remains strong and diversified, and the company’s revenues are all currently generated from within the region.
There’s every reason why further business from the wider NZ economy might also be secured, albeit they have a full pipeline of forward work just from within the region alone.
With a consistent level of quoting activity from both existing and new clients, all of which are in addition to the confirmed business for the current FY, the business continues to demonstrate continuity of work and strong results.
ASKING PRICE $1,600,000.
CONSIDER THE FOLLOWING:
PROFITABLE Business - indicative on-track Discretionary Surplus (before tax) circa $673k
PIPELINE of works confirmed and strong level of quoting response activity
Commercial/Industrial and Private Clients mix
WELL-ESTABLISHED with EXPERIENCED Staff and SUPERVISION in place.
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Property Code: 11095