SOLD

Under Offer! Steel Fabrication Business. High Quality Projects – South Sydney

Sydney NSW
Under Offer! Steel Fabrication Business. High Quality Projects  – South Sydney

Last asking price $400,000

Sold December 2023

Manufacturing, Manufacturing, Manufacturing

Business ID: BS151314

Secure, Profitable Gross Return 68%!!!   T/O $1.2M p.a. Owners Income $422,000 p.a Great Deal, Owner Leaving the Country.

The business was started over 20 years ago and specialized in mild and stainless-steel fabrication projects. The company has built up a solid reputation for very high-end quality work and concentrates on providing this service to 30 or so construction companies, who undertake prestige projects that require this high-quality fabrication work within the main project. There is more work than the company can handle so there are substantial growth prospects.

   -  Established 20 years

   -  Niche Market

   -  High Margins

   -  History of Profits

   -  Repeat Clientele

   -  Good Growth Potential

   -  No Sales Force Required

This is an easy business for someone with the appropriate qualifications to take over but the owner will stay to assist a buyer for a reasonable period if required.

This is a business that would make an idea “bolt-on” for an existing fabricating business, or for someone with appropriate experience such as an architect or engineer to enter the industry, at a very reasonable price.

Asking Price: $400,000 for the assets and goodwill. Stock is not included and will be valued at cost on the day of settlement. It is currently estimated at $20,000.

Property Code: 2962
        

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