About the Business

Business ID: XB162070

SELLING WORKSHOP ONLY – TURNOVER POTENTIAL: $2M

The current business operates as part of the Frost Group – a leader in the Commercial Kitchen and Bar Industry.

The Frost Group is retracting from the SA market but still has customers that need access to these services.

As a workshop-only model, the buyer will be able to attract skilled labour and grow the business within SA’s vibrant economy.

BUSINESS HIGHLIGHTS:

- Sheet metal fabrication workshop with ongoing customer base

- Specialises in stainless steel products for the commercial kitchen and bar industry plus architectural joinery products

- Average turnover of approx. $2M – approx. $300-$400K after costs

- SA operation operated for 8+ years – Known as Curtin Foodservice Equipment for some 25 years prior

- Premises: 1100 sqm workshop and offices located in Royal Park, Adelaide

- Clients include Commercial joiners, commercial builders, hotels and pubs plus some private clients

- Currently trading 5 days pw with 8 F/T staff (workshop and installation)

- 2 weeks’ orientation to meet existing customers and advise on internal procedures and opportunities for the new owner to maintain and grow the business

The SA market is a land of opportunity for the right person – and this would be a very profitable business moving forward.

PRICE: $220,000 + SAV