Established Machine Tools & Mining Supplies to Tier 1 - 50% ROI

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Reece O&#;Sullivan
 

Internal Ref: bus6549

Summary

A rare opportunity to acquire a long-established Western Australian supplier and service provider to the engineering, manufacturing and resources sect...

About the Business

A rare opportunity to acquire a long-established Western Australian supplier and service provider to the engineering, manufacturing and resources sectors. The business holds exclusive WA agency agreements with internationally recognised machine tool manufacturer, as well as a Tier 1 mining client, and state government department, and has built a loyal, long-standing customer base over decades of trading.

This is the ultimate ‘clip the ticket’ business model, holding no stock whilst maintaining a positive working capital cycle, and furthermore not requiring any staff.

Sales to the Tier One Mining customer represent circa 70% of the business, backed by a long term relationship going back over 20 years and Vendor Supply Arrangement in place.

For almost 27 years this business has carved out a highly successful niche built on the foundations of customer service and now due to the retirement plans of the founding owner is available for the next lucky buyer to take it to the next level.

Key Highlights

• Exclusive Western Australian agency representation for a leading international centre lathe manufacturer, plus a well-known industrial machinery brand
• Additional exclusive WA distribution agreements for industrial safety matting and machinery safety guarding product lines
• Vendor Supply Agreement with one of the world's largest Tier One Mining companies
• Sales, service and repair of new and used machinery, with qualified machine tool fitters available 24/7
• Established reputation and decades of trading relationships across WA's engineering, manufacturing and mining industries
• Genuine growth potential in tooling, spare parts and safety equipment supply, and scope to expand service offerings

Financial Snapshot

Financially the business presents very strong with the 5-year average owner operator profit of $397,346. The business has no staff requirements, carries minimal debtors and very little overheads making this the perfect opportunity to leave the Boss and work for yourself.

FOR SALE: $799,000 WIWO

Contact the exclusive broker:
Reece O'Sullivan
Benchmark Business Sales & Valuations
M: 0419 198 584
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6549 to search for the business.

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

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations

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