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DealProspect/Listings/Manufacturing

Northland Industrial Engineering Services

Engineering

ActiveManufacturingB2B & B2G
Asking price
$1,700,000
Disclosed · NZD
Revenue
$2,360,000
TTM
Earnings
$754,000
Implied multiple
2.3×
asking / earnings

Brief

  • Provides a full suite of engineering services for heavy vehicles, machinery, equipment and structures across Northland
  • Corporate, fleet and council clients retained through a full-service offering rather than one-off jobs
  • No trade background required; current owner came from a corporate background with strong systems in place
  • Specialist, cross-trained technician team allows the owner to focus on sales and customer relationships
  • Gold-rated safety accreditation opens work that lower-rated operators cannot bid for
  • New lease secured through to 2035, with a new market already in development and a significant project scheduled for December