Reference No: LF245

Mildura & Murray Region VIC
Price: $1,600,000 + S.A.V. question mark popup button

Manufacturing - Earthmoving & Agricultural Equipment For Sale

Specialists in Hydraulics & Machine Control Manufacturing Sales & Service - Regional location.

This very long established business manufactures a well-known range of large equipment for the earthmoving, civil construction and agricultural sectors, sells other equipment, spares & consumables and has a maintenance and service department.

T/O for 2018 was $5M and on target to reach $5.7M in 2019. EBITDA is $1.1M and growing.

The business has a strong repeat customer base and the 3 separate sales channels provide the business with a fantastic diversity of income.

Importantly, cash flow is excellent for a business of this type as around half of the sales are COD.

There is plenty of scope for future growth as demand increases domestically. Expansion into overseas markets could be a realistic proposition.

The owner is looking to retire but is committed to providing the successful purchaser with a long generous handover to ensure continuity and on-going future success. In addition, there are well trained staff in place throughout the operation who will stay on.

This is a very rare opportunity to secure a solid regional manufacturing business with an impressive track record, manufacturing its own branded range of machinery.

Asking Price $1.6M + SAV ($1.4M)

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Price: $1,600,000 + S.A.V.
Marlow & Co
1st Floor, 261 - 267 High Street

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Contact: Linda Foran
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