About the Business

Business ID: XB164392

Annual Revenues Consistently $5M+ Outstanding Income to Owner

Established over 14 years with long-term workshop staff in place, this business produces metal fabrications for regular clients located in Newcastle, the Hunter Valley and along the eastern seaboard of Australia.

Operating from purpose-built 4000sqm premises in close proximity to the majority of its clients, this business has a reputation for the highest quality work while maintaining price competitiveness in the market.

- Fully equipped and fitted 1000 sqm workshop/office

- 4000 sqm site, ample room for large deliveries, storage, parking and expansion

- Truck access possible to factory interior to load/unload

- Low energy prices with 25Kw solar with Tesla battery backup.

- High ceiling workshop with access via high lift roller doors

- Spotlessly maintained workplace

- High focus on workplace safety

- Workshop Manager in place

- Growing annual revenue with outstanding profit

- Large back catalogue of designs and completed fabrications

Terms of settlement: The owner has priced the business very attractively to stimulate a quick sale, and full payment of any agreed offer is anticipated at settlement.

This is one of the very best fabrication businesses in the region. With a very experienced workshop manager in place (13 years), an experienced workforce and a large back catalogue of designs and fabrications in place, the business almost runs itself.

The current owner produces all quotes using (custom) software that allows margin adjustment per job to ensure the required profitability and competitiveness is maintained. The software adds in all production costs and business overhead costs.

The buyer of the business will be required to fill this role either personally or through recruitment.
The vendor, aged 63, has decided that the time is right to sell the business to enjoy more time with family and travel; however, he is committed to providing a 6-8 week handover, subject to discussion and negotiation. Consideration will also be given to continuing with the business in a Consultancy capacity.

Asking Price: $2,200,000