MANUFACTURER - SPRINGS (VIC)

19 days ago

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Internal Ref: LF217

Summary

Well known and highly regarded name with over 50 years of history.

Location Details

South East

Reason for Sale

Retirement

About the Business

Well known and highly regarded name with over 50 years of history. The business specializes in the design and manufacture of all types of springs in all sizes and shapes and in all large and small quantities.

Customers are spread across Australia and come from a wide variety of industries including Pharmaceutical, Medical, Engineering, Agricultural and Manufacturing to name a few.

• Sales are a steady $600K per year
• Profit to owner is a steady $250K per year

The business would suit an owner operator, or family group with Fitter & Turner or Toolmaking skills. Alternatively, it would be perfect as a bolt on opportunity for an existing manufacturing business.

This is an exciting opportunity to purchase a profitable business with a strong trading history and potential for growth.

ASKING PRICE $430,000 + SAV ($40,000)

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