Industrial/Manufacturing
Melbourne l VIC
Ref: MBR-PT

ENGINEERING FABRICATION BUSINESS - $500k For Sale

A MAGNIFICENT, UNIQUE engineering and automotive fabrication business in Northern suburb of Melbourne.

McDonald Bros Racing Products designs, engineers, manufactures, wholesales and retails a wide range of high-performance aftermarket components.

Forty seven years strong, designing, fabricating and manufacturing specialty parts for the car enthusiast and racing fraternity.

The business has a national retail and trade component, with retail customers comprising around 60% of sales and trades at 40% of sales. This iconic business has high growth potential in all markets it services.

In addition to its solid reputation, the business has developed intellectual property as well as systems and procedures for all areas of the business.
The current owners have established a strong retail client base that has the potential to double and is poised for exponential growth with the rapidly growing popularity of drag racing in Victoria and South Australia.

Currently, the business is generating record sales and continues to grow by an average of 4 to 6 customers per day.

THIS BUSINESS IS AN ICON IN THE AUSTRALIAN MOTOR VEHICLE PERFORMANCE SCENE.

It features a stylish and magnificently appointed showroom and is supported by a well equipped workshop.
Most components are designed and manufactured in the workshop. All design templates are in place and suspension components are imported.

Now that drag racing has taken off in both Victoria, South Australia as well as Q'ld the business is gaining new clients daily, building on referrals and enjoying a good following of repeat business.

FAST FACTS

  • T/O 2020 - $2,174,615
  • T/O 2019 - $1,950,759
  • T/O 2018 – $1,936,203
  • T/O 2017 – $1,692,545
  • T/O 2016 – $1,562 062
  • T/O 2015 – $1,326,738
  • Rent – $50,518
  • Lease – Month to Month

FEATURES

• Business established 47 years
• Monthly sales are constantly increasing
• 2 Owners; 4 fulltime staff; 2 part time staff
• Well equipped magnificent showroom / workshop –
600sqm
• New lines / products are constantly being developed as customer needs increase
• Business has over 3,600 clients
• Sales are made nationally and New Zealand
• Vendors will assist Purchaser with transition for 6 months

REASON FOR SALE

Vendors wish to retire
Information Memorandum will be available to the right person.

This business is not affected by corona virus

Contact...
Peter Troy 0412 33 00 77
Email: (click to show email)

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Price: $500,000 + S.A.V. question mark popup button
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Broker : Peter Troy
Phone: 0412 330... (click to show)
Mobile: +61412 330... (click to show)
Address:
283 Chesterville Rd
Moorabbin, VIC, 3189


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