Sold! Steel Fabrication Business. High Quality Projects – South Sydney

BS151314 BS151314, Sydney, New South Wales 2000

SOLD

Key Features

AI generated. Contact seller to confirm.

Secure, profitable gross return 68%
Niche market with high margins
History of consistent profits
Repeat clientele base
Substantial growth prospects
No sales force required

Turnover: $1.2M
Net Profit: $422,000
Rent/Lease: Lease in place
Stock Value: 20,000
Established: 20 years

Business Details

Business Category Building and Construction Engineering Manufacturer Machinery Manufacturer

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