Summary
Light commercial steel fabrication business, currently servicing VIC and NSW locations. Turning over $140-$150K building heavy duty workbenches, trolleys and custom heavy duty steel fixtures.
Revenue
$140,000 pa
Rent
$24,000 pa
Expenses
$25,000 pa
Net Profit
$100,000 pa
Location Details
47/56-68 Eucumbene Drive
Located in Industrial zone in Ravenhall with access to freeways
Potential
Currently servicing schools, warehouses, factories working with floor managers, warehouse/industrial business owners to manufacture custom fixtures such as clamping stations, custom heavy duty trolleys and mobile workbenches. Large potential to scale to pickup large work ; Shop fit-outs and commercial work.
Currently have a professional Website with ecommerce shop for online ordering for standard designs. Most of the work is B2B working with floor managers and engineers to build heavy duty fixtures for warehousing and factory requirements.
Skills
Will require warehouse space and initial equipment such Welder and air purifier and initial workbenches to start. Suit a welder/fabricator to add an additional stream of work
Hours
8am-5pm
Lease
Will require to rent own space (130Sq) warehouse about $2.2K per month or simply add to existing Fabrication business
Employees
owner and 1 employee
Reason for Sale
Do not have the funding for scaling the business
About the Business
Current products are Heavy Duty Fixtures for Industrial spaces : mobile workbenches, trolleys, custom clamping stations and steel racks.
Currently have a professional Website with ecommerce shop for online ordering for standard workbench and trolley designs. As well as direct contact via website for project work.
Most of the work is B2B working with floor managers, engineers, small business owners to build heavy duty fixtures for warehousing and factory requirements.
This business allows for growth in many aspects in a billion dollar industry.
History
The fabrication business began completing welding services. However a requierment and a gap in the market was apparent for custom steel design and fabrication for B2B.
Profab47 has been in operation for 5 years servicing warehouses, universitys, schools, factories with large potential to scale to working on larger fit-out projects, however I do not have the funding capacity for additional loans to scale. I also share a warehouse which restricts the amount of work capacity and onboarding additional personel.
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