Business Under Offer Whyalla, South Australia 5600
Business Category Engineering Manufacturer Repair
Under Contract / Offer
Description
Under Offer! Mechanical Engineering And Hose Fitting Services Business And Freehold – South Australia
Business ID: BS156676
Run Under Management . EBITDA 3-Year Average $600,000
The business was established in 1994 by the current directors and continues to provide exceptional service throughout the Spencer Gulf/Eyre Peninsula and the far north region of South Australia. It holds Quality Assured ISO 9001 accreditation.
- Run Under Management for 7 years
- 30 continuous years of operation
- Long Term qualified technicians in place
- Freehold Property available
- Diverse client base
- 24/7 Ryco hose fitting service
- Full list of Plant and Equipment including Motor Vehicles
- Centrally located in comfortable recently updated facilities
There is a full-time manager in place who would assist in the transition phase of the business to a Purchaser. The non-working owners would also be available for handover if required.
This business has operated in the region for 30 years, the last 7 years under management. This would be suitable for a local or interstate purchaser looking to expand their current business either as a bolt-on or stand-alone operation. Due to its unique management set-up, it could also be attractive to an investor with interest in this field wishing to move into this location.
Asking Price: Goodwill Plant and Equipment $1,350,000 + SAV estimated @ $300,000. Freehold Property $400,000
Property Code: 3754
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.