Manufacturer For Lucrative Mining Industry

Manufacturer For Lucrative Mining 639203 1

Manufacturer For Lucrative Mining 639203 2

Manufacturer For Lucrative Mining 639203 3

Ref 40162, Warana, Queensland 4575

SOLD

Key Features

AI generated. Contact seller to confirm.

Servicing niche clientele in off highway industry
High barriers to entry due to capital investment
Long-term foreman with 24 years experience
Home based part-time owner working 25 hours/week
Expected 33% ROI with minimal wages expense
Plant and equipment valued at approx. $300k

Turnover: Not disclosed
Net Profit: Not disclosed
Rent/Lease: Lease in place
Stock Value: Included
Established: over 20 years

Business Details

Business Category Engineering Manufacturer

- 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