SOLD by Mike Ponsonby

This diverse structural steel and General Engineering business has stood the test of time, performing a variety of fabrication and engineering services.
There is a loyal, top performing team in place that have a diverse skill set & are keen to stay on. The customer base are great payers and have been built up over 35 years. Plenty of room to grow the business in this booming Northland region and the owner is prepared to offer a transition to suit the purchaser.

Business Highlights
- $654,000+ EBITDA (Averaged over last 2 years)
- $750,000 to $1,000,000 of forward work
- Diverse revenue streams
- Large commercial client base across the Nth Island
- 35 year track record of success
- Long term lease with 4% rent to turnover
- Become the landlord, option to purchase the building
- Strong 'bank-friendly' accounts
- Consistent & reliable team in place

Great business, great profits and great information for due diligence. Call Mike Ponsonby today to discuss what a great deal looks like on (021)450-049.

Asking Price: $1,199,000 + Stock
Listing ID: KA1875