Bearing And Power Transmission Supplier / Repairs - Port Macquarie, Nsw

Port Macquarie, New South Wales 2444

$155,000

Key Features

AI generated. Contact seller to confirm.

  • Established as Eastland Bearings 40 years ago
  • Strong client base including major industries
  • Government negotiations for Oven Mountain Hydro project
  • Spacious 480 sqm industrial space
  • Business can run without owner on-site
  • Ongoing marketing through various channels
  • Turnover: $500,000
  • Net Profit: Not disclosed
  • Rent/Lease: 2-year lease just renewed
  • Stock Value: $130,000
  • Established: 40 years

Business Details

Business Category Auto Accessories and Parts Mechanics Repair

Business ID: XB163011

TURNOVER: $500K – UNLIMITED POTENTIAL FOR OWNER OPERATOR OR INVESTOR

This is a standout opportunity for an investor seeking to grow the business and gain more market share across the Mid North Coast.

With a 40-year history of steady growth, TORQUE TECH would also suit a mechanically minded person with a passion for the industry.

Future opportunities are endless with the rapid growth of the region – and major projects, such the Oven Mountain Hydro project at Kempsey.

BUSINESS HIGHLIGHTS:

- Established as Eastland Bearings 40 years ago with ongoing growth and development

- Account customer base established with return clientele

- Strong client base, including timber mills, concrete plants, asphalt plants, all mechanical-type businesses, Birdon marine, ALL shire councils, plus walk in customers

- Government negotiations already in play to supply the Oven Mountain Hydro project at Kempsey

- Outstanding reputation built on quality work, longevity and range of clients

- Spacious (480 sqm) industrial space with workshop, office, show room, off street parking for customers and easy access

- 2-year lease just renewed – Assets ($25K) and Stock ($130K) included in sale

- Ongoing marketing includes Local search website plus adverts on social media and Google, Email marketing, Brochures and flyers mailed out across Mid North Coast

- 2 x F/T staff and 1 casual in place – Business can run without the owner on-site

- Training can be negotiated – ideally a full-time staff member will stay on with the new owner

PRICE: $155,000

Property Code: 4421

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Bsale ID: 665385

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