Specialist Industrial Equipment Supplier – Sydney

Sydney NSW
Asking Price $550,000
About
Business ID: BS155003

50 years in Business- Profits to owner $250K pa

Operating from a factory in Sydney’s North Shore the business provides specialist equipment to a very diverse range of customers spread across any industries within the Greater Sydney area. These include landscapers, builders, mooring companies, the marine industry, DIY, infrastructure companies, airports, and truck operators to name a few.

As well as supplying a range of products the business provides on-site and off-site inspection, testing and repair services.

   -  50 years history

   -  5 day a week business

   -  Current turnover $1,400,000

   -  Gross margins circa 40-45%

   -  Net Margins to owners 16% of revenue

   -  Systems and procedures in place

   -  Long-standing clients

   -  Mostly repeat customers

   -  Opportunity for further marketing and promotion

As required the current owner will assist with a smooth transition of the business and is negotiable
in respect of a handover period past the generally expected 4 weeks.

This business would ideally suit someone already operating within the industry as a bolt-on business to benefit from the synergies available from reduced office overhead and also cross-sales between their respective clients.

Asking Price: $550,000 plus stock

Property Code: 3523
        
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