About the Business

PRICE CHANGE; NOW $1,195,000+SAV

Established in 1986 as a CNC machining shop, our client quickly recognized a need to produce tooling & equipment for the timber industry. They now supply & stock a wide variety of quality tooling for the timber industry nationally & internationally.
The natural progression was to diverse into the metal working industry & producing equipment for the underground coal mining industry where they are now well placed.
Today, they are a multi-faceted & diverse operation, with a portfolio that continues to service the timber industry, as well as manufacturing precision components catering to the mining industry, food processing & many more.
With their precision CNC machines, robust systems, experienced staff and proprietary tooling designs, they produce precision components to exacting standards.
They are the only knife tooling manufacturer in Australia.
This opportunity offers a "turnkey" operation for similar businesses seeking a "bolt on" or buyers looking to secure a well run & successful operation that has huge potential for expansion & growth.
Key Features;
- Easy transition with the existing client base.
- Well established market position.
- Large level of repeat business.
- Significant growth potential.
- Owner will offer ongoing support for extended period if required.
- Skilled staff
- New Lease available to new owner (710sqm with 7 car parking)
- `Destination site for their products & services
What You Need to Know;
- Turnover; $1,387,250 (2024)
- Adjusted Nett Profit; $342,000 (approx.)
- Rent; $10,000 per month (plus GST & outgoings)
- Asking Price; $1,195,000+SAV

Further information & financial history will be provided after Confidentiality requirements have been completed.
Contact; Tony Lee 0416 111886
E; [email protected]