Location:
Perth - Greater > Western Australia
Investment level:
$2,995,000
Type:
Business
Industry:
Commercial Services > Manufacturing, Wholesale & Distribution > Engineering
Your chance to own a trusted and growing engineering brand.... Why sell to the middleman when you can deal directly with some of the country’s larg...
Your chance to own a trusted and growing engineering brand....
Why sell to the middleman when you can deal directly with some of the country’s largest companies.
About the business:
In a short period of time this engineering solutions focussed business has developed its own unique product range (under Registered Design) with a focus on the mining industry.
This business has become a recognised and trusted brand to its customers known for product quality and reliability. It is perfectly positioned for a new owner to unlock its full potential.
Key Features:
1. Established Reputation: The business has earned a solid reputation for its unique engineered solutions which make certain core aspects of the mining industry not only safer, but more OH&S compliant.
2. Tier 1 customers: With a client list boasting BHP, FMG, Roy Hill and others, this business holds all the appropriate Vendor Numbers providing potential to expand and diversify into other products that fill a gap in the market.
3. Minimal Workforce: The simplicity of this business will be hard to believe operating with two part time owners and a small team of internal engineering graduates. All the fabrication is outsourced or imported however, for an existing fabrication business there is potential to really value add by bringing this in house.
4. Unique Product Range: The business was built around a core product however has expanded with an additional range of solutions that have potential to take this business to the next level. For an owner or investor willing to invest in growth, the rewards can be massive.
5. Strong Financial Growth: Revenues and Profits continue to grow with the revenue outlook for FYE 2024 tracking higher than 2023 at $664k (July-Dec).
6. Turnkey Operation: The sale includes all inventory, client contracts, and intellectual property, ensuring a seamless transition for the new owner to take the brand to the next level.
7. Training and Support: To ensure a smooth transition, the current owners are committed to remaining in the business for a period subject to negotiation. As further testament to their commitment and belief in the business the Sellers have agreed to structure the asking price with $500,000 subject to earn out provisions.
Why Invest:
This Engineering Design and Manufacturing business has established itself at the forefront of mining technology and has sales and happy customers as proof. They have fast established a brand in the market which allows a new owner to leverage from and continue to create new solutions as well
All fields are mandatory
Connect with us