Business Sold BS151314 BS151314, Sydney, New South Wales 2000
Business Category Building and Construction Engineering Manufacturer Machinery Manufacturer
SOLD
Description
Sold! Steel Fabrication Business. High Quality Projects – South Sydney
Business ID: BS151314
Secure, Profitable Gross Return 68%!!! T/O $1.2M p.a. Owners Income $422,000 p.a Great Deal, Owner Leaving the Country.
The business was started over 20 years ago and specialized in mild and stainless-steel fabrication projects. The company has built up a solid reputation for very high-end quality work and concentrates on providing this service to 30 or so construction companies, who undertake prestige projects that require this high-quality fabrication work within the main project. There is more work than the company can handle so there are substantial growth prospects.
- Established 20 years
- Niche Market
- High Margins
- History of Profits
- Repeat Clientele
- Good Growth Potential
- No Sales Force Required
This is an easy business for someone with the appropriate qualifications to take over but the owner will stay to assist a buyer for a reasonable period if required.
This is a business that would make an idea “bolt-on” for an existing fabricating business, or for someone with appropriate experience such as an architect or engineer to enter the industry, at a very reasonable price.
Asking Price: $400,000 for the assets and goodwill. Stock is not included and will be valued at cost on the day of settlement. It is currently estimated at $20,000.
Property Code: 2962
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