This is a well-established engineering business based in Port Vila, Vanuatu - in continuous operation since 1993. The company provides light and heavy engineering services to a diversified client base across the marine, industrial, agricultural, and infrastructure sectors of the South Pacific region. The business benefits from a strong local reputation, an experienced workforce, and a defensible market position built over three decades of trading history. The company recently won a significant six-figure contract to supply heavy equipment to a government department.
- Asking Price:
- $1M - $5M (USD) Furniture / Fixtures included
- Sales Revenue:
- $500K - $1M (USD)
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The existing 50-year head lease on the property runs from 30th July 1980 to 30th July 2030. Enquires have been made with the Vanuatu Lands Department in regard to the extension of the lease. A commercial property extension valuation report was produced by the Lands Department on the 24/04/2026. The lease can be extended for a further 49 years from 30th July 2030 to 30th July 2079 at a cost of USD84,000. The annual lease rent will be USD3,750/year.
- Leasehold Rent:
-
$3,800 (USD) per annum
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
The owner is 77 years old and would like to retire.
- Trading hours:
-
8:00 - 5:00 Monday to Friday
8:00 - 12:00 Saturdays
- Employees:
- 15
- Years established:
- 33 years
