Insulation & Sheet Metal Fabrication

Business Sold East Maitland, New South Wales 2323

Business Category Building and Construction Engineering Manufacturer

SOLD

Description

Insulation & Sheet Metal Fabrication

This business is an industry icon that has been in continuous operation for over 50 years. They are the regions predominant supplier of insulation products as well as having significant contracting arms in both insulation installation and specialist sheet metal products.
Insulation products make up over 70% of turnover and sales in the sector are continuing to grow as does the demand for more energy efficient residential and commercial buildings as energy prices skyrocket.
The other 30% of sales comes from the sheet metal and industrial contracting work. They are the region’s largest specialist contractor capable of diverse and complex sheet metal projects. With the region set to become the new “Hydrogen Hub” they are well placed to service this growing industry.
Key Highlights include:
• This is a fully managed business with a team of over 20 staff
• Diversified Income streams
• Regional dominance in both supply and contracting markets
• 55-year History
• FY22 Turnover of $10 million
• FY22 EBIT $1.6 million
• Normalized EBIT over the last 5 years of $1.34 million
The owners are seeking expressions of interest from qualified buyers with interest above $4 million.
An information memorandum on this opportunity is available by completing the confidentiality agreement at the following link.

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Scott Ker

Bsale ID: 610393
Broker REF: eagle_1200942

Magellan Business Sales