About the Business

This business has serviced the local region for over 40years with steel fabrication and engineering services. Customers include Local Government organisations, Builders, developers, Civil Contractors and Heavy Machinery operators including the local agricultural community.

The large workshop is setup to handle most steel fabrication jobs both large and small. It can handle projects from the smallest of machining jobs to the welding of bridge beams and construction Components. Heavy lifting equipment is in place and the high span under cover area accommodates trucks, forklifts and metal work machinery.

Included in the sale is a huge amount of high value Plant and equipment that allows the business to take on a diverse range of projects.

• Huge amount of Plant and Equipment Included in sale price
• Multiple existing revenue lines ready for expansion
• Large undercover workshop with access and lifting equipment
• Pipeline of work plus regular short term projects

There is a large amount of work that comes in regularly with long lead times due to the volume of short-term work and secured longer term projects. An ambitious incoming owner could easily grow revenue by pursuing additional project opportunities both inside and outside of the region. Steel Fabrication revenue is complimented by additional revenue sources which could all be expanded with little effort. These include a GAS sales agreement, Hydraulic Components both sales and Service work, Retail Steel Product Sales and retail sales of associated steel products like bolts and welding consumables.

The 1100sqm building is set on approx 7000sqm of land which includes an access road, hard stand and building surrounds. The premises are available to lease or buy (additional To the asking price), from the current owners. It is well setup for semi-trailer and customer access with an external skillion roof and undercover concrete hard stand for all weather loading. A retail showroom is at the front of the building with a small secure warehouse for high value items, separated by an open plan office space.

Plenty of assistance will be made available to an incoming owner if needed. They will need a sound understanding of steel fabrication and the ability to replace the outgoing owner with someone that can fill their role which is hands on in the workshop. The business and premises may suit an existing industry participant who is looking for an additional location that can service the Northern Rivers region of NSW and Beyond.

Asking Price $785k + sav (Freehold also available $1.25M)