Established by the current owners in the early 1980’s, this business provides stainless steel fabrication to medium, large and muti national customers in agriculture, water, food, winemaking and many other sectors.
The business is based in a regional town but services regional and metropolitan customers in SA, VIC and NSW.
Sales average between $8.0 mil to $10.0 mil pa with an EBITDA in the mid to high $1.0 mil range.
Sales for the 6 months to December 2023 are lower than recent years – mainly due to the slow down in the wine industry, however the business is quoting plenty of projects across other sectors and the wine industry is slowly returning to normal so the next 12 months are looking to return to business as usual.
The business has a very impressive list of regular and highly specialised equipment and extremely capable management and operations staff looking after most of the day to day running with some oversight from the owners.
After many successful years it’s time for the owners to move toward retirement and a generous handover is available.
This is a very rare opportunity to buy a highly regarded, very well equipped business (and associated real estate) with a blue chip customer base and great management team in place.
