Reference No: 11566

Industrial/Manufacturing
Blacktown NSW

Price: $350,000

Toolmaking Business for Sale- Moulds for the Plastic Industry [Under Offer]

[Under Offer] This well-established business based in Sydney's Western Suburbs. It is a toolmaking business that specializes in producing moulds for the plastic blow mould industry. The organisation has an impressive selection of quality equipment that enables it to produce just about any blow mould in-house. This equipment includes CNC machining, grinding, milling, drilling, sawing, spark erosion, lathing, shot blasting and other equipment. The business has a database of loyal, repeat blow moulding customers. That said, the equipment used is also well suited to producing plastic injection moulds. As such, there is plenty of scopes to grow the business by targeting the injection moulding sector. The factory is fully set up for blow mould production. It is comprised of a production space and a mezzanine office area for administration. The site on-site parking and excellent truck access. It is also close to the M7 Motorway, providing good access to most parts of the Greater Sydney Area. For the 2019 financial year, the business achieved sales of $563,540 and a profit to the owner of $226,195. COVID 19 initially had some impact on the business. As a result, 2020 was softer, with sales of $468,198 and profit to the owner of $116,794. The 2021 financial year to date is showing a strong bounce back to pre-Covid levels with sales for the first 7 months of the year already at $404,311 and profit to the owner $121,391. This could be an ideal business for someone wishing to run their own toolmaking business. It could also be a great acquisition for another plastic mould manufacturing business, or a plastic moulding business that would like to bring mould production in-house. To ensure a smooth transition, the vendor is happy to train you and to offer a generous training and handover period. This quality business is being offered for sale at $350,000 including stock. This business is being sold through Argus Business Brokers. Please contact David on 0425 329... (click to show) for further details.
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Price: $350,000
Business Brokers Network Australia
Address:
GPO Box 2068
BRISBANE, QLD, 4000

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Contact: David Ferraz
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