Under Offer! Mechanical Engineering and Hose Fitting Services Business and Freehold – South Australia

Whyalla SA
Asking Price $1,350,000 + SAV
Business ID: BS156676

Run Under Management . EBITDA 3-Year Average $600,000

The business was established in 1994 by the current directors and continues to provide exceptional service throughout the Spencer Gulf/Eyre Peninsula and the far north region of South Australia. It holds Quality Assured ISO 9001 accreditation.

   -  Run Under Management for 7 years

   -  30 continuous years of operation

   -  Long Term qualified technicians in place

   -  Freehold Property available

   -  Diverse client base

   -  24/7 Ryco hose fitting service

   -  Full list of Plant and Equipment including Motor Vehicles

   -  Centrally located in comfortable recently updated facilities

There is a full-time manager in place who would assist in the transition phase of the business to a Purchaser. The non-working owners would also be available for handover if required.

This business has operated in the region for 30 years, the last 7 years under management. This would be suitable for a local or interstate purchaser looking to expand their current business either as a bolt-on or stand-alone operation. Due to its unique management set-up, it could also be attractive to an investor with interest in this field wishing to move into this location.

Asking Price: Goodwill Plant and Equipment $1,350,000 + SAV estimated @ $300,000. Freehold Property $400,000

Property Code: 3754
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