Metal And Welding Manufacture And Repairs

Business Sold Blacktown, New South Wales 2148

Business Category Engineering Manufacturer

SOLD

Description

Metal And Welding Manufacture And Repairs

This is a well-established, respected manufacturer of high-quality service for metal and welding manufacture of products primarily for the Gas industry, out of mild steel, stainless steel and aluminium.The company has a proven track record and is considered to be a market leader in this industry sector.



The owner strongly believes in offering first-class service at competitive prices.

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.

Sales $3,317,000 and Net Profit $$362,000 after owner's wages in FY 2023.

Strong well-established name that is respected particularly in the gas industry by customers and competitors alike.

Verbal agreements in place with the main suppliers - fantastic relationships endure.

Some customers pay a deposit on placing of orders with the balance within 30 days of delivery. No Bad debts in over 20 years of operation!

Solid and increasing revenue base can be demonstrated over many years. The business was not affected by Covid restrictions in 2020/2021 and sales continue to be extremely strong evidencing the stability of this business.

Profitable business with sound financials and tax returns available to support the figures.

A network of blue-chip customers account for the bulk of sales.

Premises rented on a month-to-month basis in case a new owner does not require the lease. However, a new lease is available if required.
Premises is spacious with ample room for expansion.

Contact Seller

Bsale ID: 619959
Broker REF: 3396564

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