Business Sold Campbelltown, New South Wales 2560
Business Category
SOLD
Description
General And Metal Fabrication Services B2b
The business offers general fabrication services, plus a wide variety of complimentary manufacturing services, from low to high volume production runs. The company has a proven track record and is considered to be a market leader in this industry in S-W Sydney.
SALES: $3,405,000 + gst
PROFIT: $1,325,000 EBITD after owner's wage
PRICE: $2,975,000 (Incl plant & equipment) + Stock
The owner strongly believes in old-fashioned first-class service at competitive prices. They are able to cater for both the larger customer as well as smaller customers wanting a simple solution. The customer base includes diverse industry sectors requiring fabrication services.
Key Features
Genuine reason for sale – owner wishes to retire. Extensive training and support period will be available to ensure a smooth transition and minimal disruption for an extended period.
Strong well-established name that is respected in the industry by customers and competitors alike.
Agreements in place with the main suppliers - strong relationships endure.
Customers pay promptly and thus ensuring minimal working capital requirements.
Solid revenue base with growth can be demonstrated over many years and even through the recent Covid affected years.
Extremely profitable business with sound financials and tax returns available to support the figures – excellent cash flows. Balance sheet shows retained earnings of close to $1.5 Million despite healthy dividend distributions to the owners, which reflects the sustained profitability and strength of the business over many years.
Plant and equipment well maintained.
Premises owned by an associated company of the owners and thus a long lease is available, or the premises can be purchased as a separate transaction if required.
Spacious warehousing and spacious offices. Includes parking for 14 vehicles.
The ability to produce a wide & varied range of components to a high standard of quality.
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