Manufacturing and Metal Fabrication Business in Regional VIC

Wangaratta VIC
Asking Price $800,000
About
Business ID: BS153617

Est 2003, Corporate clients, Income to Owners Circa $441,000

The business specialises in metal fabrication, specifically working with metals such as bissalloy plate, stainless steel, and aluminium with pressure levels ranging from 250 to 350 mpa and 250 to 750 mpa. They also excel in mechanical engineering, construction, fabrication welding, and industrial maintenance services. Their manufactured products include metal parts used in the fuel industry, such as dispenser frames and fill points, as well as items utilized in the transport and road construction sectors. With their extensive range of capabilities, this company is well-equipped to provide efficient solutions to their client’s diverse needs.

   -  Centrally located in regional Victoria and employs a full complement of skilled staff. The long-standing customer base means no advertising or marketing is required, some of these clients have been with the business for over 15 years.

   -  One of the major clients pays weekly on invoice therefore providing excellent cash flow.

   -  The business utilises the latest technology and equipment to meet clients’ requirements.

   -  The business premises are occupied under a long lease; the freehold is available to purchase if required.

As owners live locally, happy to provide long-term assistance with a change of ownership.

There are benefits to be had from living in a rural city, and engineering businesses of this nature are hard to come by. If the quality of work is maintained new owners should continue to enjoy what this business has to offer.

Asking Price: $800,000 plus the value of Stock on Hand and Work in Progress

Property Code: 3338
        
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