Manufacturer For Lucrative Mining Industry

Business Sold Ref 40162, Warana, Queensland 4575

Business Category Engineering Manufacturer

SOLD

Description

Manufacturer For Lucrative Mining Industry

- Money-spinning clients - major mining and earthworks companies
- Servicing Niche clientele - Off Highway Industry means less competition in the sector
- Established relationships in place for over 20 years
- High Barriers to entry due to huge capital investment required to enable manufacturing to the size requirements of the Off Highway Industry.
- Long-term foreman in place (24 years) who manages the day-to-day manufacturing operations.
- Home Based Part-time working owner currently (25 hours/week) in an admin/bookkeeping role.

Could easily be run under management with an expected 33% ROI - only minimal wages expense for bookkeeping/admin role to replace current owner. ($42k)

Providing Specialist Solutions Manufacturing, testing, and repair to the Mining and Earthmoving Industry from the Multinational companies, as well as small to large businesses since 2000.

Plant and Equipment approx. $300k Included - valued December 2023
Contact Seller
Natalee Nancarrow

Bsale ID: 639203
Broker REF: 40162

Business Brokers Network Australia