Sold! Specialised Refrigeration Manufacturing Business - Vic

Business ID: BS141228

Established 35 years in niche market, sales LFY circa $3 million. Owner retiring, happy to remain part-time to assist with changeover.

There are 2 separate specialist divisions servicing unique markets, with a major focus on providing specialised units to major hospitals, medical centres, and research laboratories. Also recognised as one of Australia’s leading suppliers of commercial refrigeration products either sourced overseas or manufactured specifically to customers’ requirements. Huge range of units in the marketplace, many custom-built and sold to customers all over Australia. Provides backup service and spare parts via local and interstate authorised expert service providers.

-Manufactured for commercial use only, not for the retail market
-All staff are experienced tradesmen, many have been with the business since it commenced
-Extensive range of Modern manufacturing equipment
-Recognised Australia wide as one of the major players in this market
-All sales and manufacturing carried out against specific orders, no stock lines.
-Any units sourced from overseas (mostly European) are carefully selected for quality and performance  

Normal terms of sale apply, owner is amenable to assist with funding for stock and work in progress.

If you have been looking to acquire a long-established manufacturing business recognised as a leader in its field you should investigate this opportunity. The owner’s role is mostly management and high-level sales.  

Asking Price: $1,550,000 plus stock and WIP


Property Code: 1759