Summary
A well equiped steel fabrication business with multiple manufacturing and mining clients, which has been operating for over a decade.
Revenue
$1,900,000 pa
Net Profit
$220,000 pa
Location Details
Located in leased property of around 750 m3 across 2 buildings, hardstand and steel storage.
Potential
Great opportunity for a related business to expand or a new motivated owner to continue a successful business with a great reputation.
Skills
Knowledge of manufacturing industry would help a new owner, although the current owner is prepared to remain for a transition period if desired.
Hours
The business typically operates 7am to 4pm Monday to Friday.
Lease
The buildings are leased with a renewal available, or the business could be relocated to a new owners existing property.
Employees
The business currently employees 6 full and part time staff (including the owners). Flexibility is retained by hiring short term or contract labour as required.
Reason for Sale
After over a decade of running the business the owner is looking to retire and hand over to someone with the energy to maintain this succesful company.
About the Business
The business provides fabrications to the manufacturing and mining industries. It provides all types of steel work but has developed a reputation (and won awards) for architectural steel, where the steel itself is on show. The business provides a great opportunity for expansion of an allied business or someone with knowledge of the manufacturing business that wants to take advantage of the huge growth in WA. The business has made consistent high level profits and operates in a healthy market space.
History
The business has been operating for over a decade with a number of key clients and a wider pool of construction and mining clients within WA.
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