Business Sold Adelaide, South Australia 5000
Business Category Wholesale
SOLD
Description
Manufacturer With A Niche Market Sold
This long established interesting business is a market leader in its field and is highly regarded.
It has an excellent track record for manufacturing top quality equipment used predominantly within the electrical industry.
Generating an attractive net profit and operates with low staffing levels.
Has a good level of work in progress.
The subject business has been established since 1983 and operates out of modern commercial/industrial premises in the Northern Suburbs.
T.O. $790,000 + p.a. Net Profit $247,000 2019/20 (adj).
This light metal manufacturer makes high quality equipment which is used for a number of applications. However, their extensive product range is mainly used within the electrical industry.
It has generated a strong customer base nationally - (it also sells its products to overseas customers).
The business has an excellent reputation, has a repeat client base and obtains new custom.
This Niche business is most attractive and rare, as it has low staffing levels, has a sound trading history and achieves an attractive net profit.
The owner is keen to retire. Here's an amazing opportunity to purchase a unique business that would ideally suit an owner operator, partnership or could be integrated with an allied company.
For further details - contact Jeff on XXXXXXXXXX ; XXXXXXXXXX
XXXXXXXXXX
AdelaideBusinessSalesPtyLtd
RLA 60043
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