Location:
Bayswater North 3153 > Melbourne - Greater > Victoria
Investment level:
$500,000
Type:
Business
Industry:
Commercial Services > Manufacturing, Wholesale & Distribution > Fabrication
Well-known general metal fabrication business with over 15 years of successful operation The business supplies regular repeat customers and projects,...
Well-known general metal fabrication business with over 15 years of successful operation
The business supplies regular repeat customers and projects, as well as ‘one-offs’ in Mild Steel, Stainless Steel and/or Aluminium framing, fabrication and sheet metal manufacturing.
4 full-time staff working in the factory independently, with minimum supervision.
Ongoing work from well-established truck manufacturing companies and other well-reputed industrial manufacturing customers.
The premise has very reasonable rent and long lease options and good access from the main road
Producing high-quality products that have been seen on television shows such as “The Block”, “International Garden Show”, “International Fashion Week” and “Bathurst”, just to name a few.
All staff are keen to continue employment with the business after the takeover.
The vendor wishes to retire and is happy to stay and train the new owner for some time after settlement.
Trading Income for the 2022 financial year was $930k despite several months under the Covid lockdown. Expecting much higher revenue in the 2023 financial year
An ideal business to purchase and grow to the next level by an energetic new owner
Vendor expecting a very fair $550,000
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