Business For Sale Melbourne, Victoria 3000
Business Category Engineering Manufacturer Machinery Manufacturer Repair
$600,000 + SAV + WIP
Description
Engineering And Pipe Fabrication Business
Founded almost 30 years ago, this is a privately owned Australian company, which has established itself as a quality fabricator for the Oil/Gas/Petrochemical Industry.
It has expanded its operational scope since its establishment to a wide range of mechanical engineering operations.
Business operations encompass a large range of engineering aspects; inclusive of fabricated pipe work, boiler making, certified welding, and blasting & painting.
Processes and techniques are supported by modern equipment, which ensures that full operational control of all projects and project timelines.
Employing a highly experienced team of tradesmen, the business ensures all projects are completed using customer approved materials and construction techniques.
The business uses it’s extensive experience to specialise in steel work, pipe fabrication and installation to deliver high quality projects, completed on time.
The owners of the business are now seeking to retire and sell the business to a new strategic owner.
The business:
• Has a good reputation and loyal, significant customers
• Demonstrated strong financial performance in FY2022
• 80% pressure piping work and 20% general fabrication
• Offers a full spectrum service
• Has great potential for growth in the Gas Industry
• Presents opportunities within complementary industry segments
• Could be a bolt-on acquisition for existing industry company
The owners are willing to remain and train the new owner.
This business would suit an experienced engineer with general business skills, or could be "bolted on" to a larger engineering company.
Asking Price: $600,000 + Stock at Value (SAV) + WIP
Further information can be provided to suitable parties on completion of a confidentiality agreement and discussion.
*Images displayed are illustrative only and not images of the business itself or business equipment.
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