25 y/o Engineering & Machinery – Profits $650k+ FY2022

7 days ago

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Reece O&#;Sullivan
 

Internal Ref: bus4461

Summary

Time to take the next step… About the business. This engineering business, established in 1996 by the current sellers is now available for the f...

About the Business

Time to take the next step…

About the business.

This engineering business, established in 1996 by the current sellers is now available for the first time in over 25 years.

Providing all types of engineering and specialist manufacturing for a range of industries. Supplying its services for the repair, manufacturing & reverse engineering of custom equipment & OEM parts for local & Australia wide supply.

The business demonstrates a high level of profitability and repeat business with no advertising or marketing required, due to reputation and word-of-mouth referrals.

The working owner is assisted by 5 skilled full-time staff with a mix of qualifications including first-class CNC machinists, fitter & turners.

An extensive list of assets within the business includes CNC machines, Lathes, Mills, associated equipment, and tooling that enable most work to be kept in-house, all of which represent in excess of $600k in value.

Financially the business demonstrates a high level of consistency with 2022 owner-operator earnings in excess of $650k.

This business is an ideal opportunity for a skilled tradesperson looking to take the next step, or an existing engineering business looking to expand into a well-established and in a high-demand market.

FOR SALE: $1,180,000 WIWO

Contact the exclusive broker direct:

Reece O’Sullivan
Benchmark Business Sales and Valuations
M: 0419 198 584
T: 1300 366 521
E: reece@benchmarkbusiness.com.au

Please ensure you have the necessary capital or equity before expressing an interest in this business.

The images shown are for illustration purposes only and may not be an exact representation of the business.

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