Under Offer! Mechanical Engineering and Hose Fitting Services Business and Freeh

6 days ago

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Summary

Run Under Management . EBITDA 3-Year Average $600,000

About the Business

Business ID: BS156676

Run Under Management . EBITDA 3-Year Average $600,000


The business was established in 1994 by the current directors and continues to provide exceptional service throughout the Spencer Gulf/Eyre Peninsula and the far north region of South Australia. It holds Quality Assured ISO 9001 accreditation.


- Run Under Management for 7 years

- 30 continuous years of operation

- Long Term qualified technicians in place

- Freehold Property available

- Diverse client base

- 24/7 Ryco hose fitting service

- Full list of Plant and Equipment including Motor Vehicles

- Centrally located in comfortable recently updated facilities

There is a full-time manager in place who would assist in the transition phase of the business to a Purchaser. The non-working owners would also be available for handover if required.

This business has operated in the region for 30 years, the last 7 years under management. This would be suitable for a local or interstate purchaser looking to expand their current business either as a bolt-on or stand-alone operation. Due to its unique management set-up, it could also be attractive to an investor with interest in this field wishing to move into this location.

Asking Price: Goodwill Plant and Equipment $1,350,000 + SAV estimated @ $300,000. Freehold Property $400,000

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