Summary
A turnkey opportunity with huge potential for growth. Fully equipped and ready to go, this business is primed for expansion. Don't miss your chance to transform it into a powerhouse!
Location Details
Container, machines and stock are located in Morisset NSW 2264, Lake Macquarie. To be transported to any location at buyers expense.
Potential
The sale of Urban Steel – Hydraulics Division does not include any facilities or premises. All stock and equipment have been consolidated into a customized shipping container, equipped with a workbench, shelving, power, lighting, and flooring, allowing the business to operate efficiently from within. This setup allows the container to be transported to your desired location, whether it be your backyard or business premises.
Reason for Sale
Urban Steel took over Morisset Metals in November 2022, inheriting stock from Southcott Hydraulics & Control Systems and Hydraulink Australia. Initially managed by a qualified family member, the Hydraulics Division relied on word-of-mouth sales and existing customer relationships. The manager has since returned to work in the mines, leaving the division without active management.
About the Business
Urban Steel, a leader in manufacturing and fabrication, has ran an independent hydraulics division for the past 18 months. This division operates separately and can be easily sold without affecting the main business.
Urban Steel is selling its hydraulics assets to focus on its core strengths. This sale is an excellent opportunity to acquire a well-established hydraulics business with no ties to Urban Steel.
Our diverse customers include local farmers and businesses involved in regional infrastructure projects. We maintain positive relationships with our manufacturing and fabrication clients who also purchase hydraulic products.
The Hydraulics Division offers untapped potential, as it has yet to undergo any marketing or advertising efforts. With the right promotional strategies, this presents a significant opportunity for substantial growth and increased profitability.
Situated in Morisset, an area experiencing industrial growth, with major developments such as a 28,000m² retail center, a business park expansion, and new industrial facilities. The closure of Hydraulink Morisset left a gap in hydraulic services, providing a 30km radius without competition.
Please note the business will be sold as a ‘going concern’ and therefore no GST will apply to the
sale price.
Sale consists of:
Purpose Built Shipping Container (approx $10k)
Stock on Hand at time of sale (between $100k to $200k in value)
3 Phase Crimper (approx $15k)
12 Volt Crimper (approx $5k)
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