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Business ID BS141274

Metal Fabrication and Joinery Business. Gross Profit 68.3%, Preferred Supplier - Sydney

T/O $3.7M Owner's Revenue $1.132M Gross Return 30.6%!!!

The business was started by the present owners in 2011 to specialize in the custom manufacture of stainless-steel cladding, finishes and detailed joinery. The business has focused on the supply of “lift car” interiors and lift door jambs that are a critical requirement for residential, office, commercial and industrial building complexes in Sydney and regional NSW. This is a specialist service with a limited number of suppliers. The company is now in the enviable position of having more work than it can handle in this niche market and is the preferred supplier to many major manufacturing companies.

  • Established 8 years
  • Is Being run Under Management.
  • Niche Market 
  • High Margins
  • Preferred Supplier
  • History of Profits.
  • Grown Every Year of Operation.
  • Systems In Place.
  • Loyal Long Term Employee

One of the owners is willing to remain and an existing staff member has been promoted to GM to ensure a smooth transition of the business to a new owner that can be run under management.

This business would suit an investor who wishes to take an overview as the current management will stay on if required. Alternative it is a good "bolt on" acquisition for any one currently in the industry.

 Asking Price: $2.0M for the assets and goodwill of the business, stock is not included and estimated to be worth about $60,000 at cost

 

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Business Sale Price:
$2,000,000
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