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Internal Ref: 2048984

Summary

This is a long-standing reputable sheet metal fabrication business that operates out of Brisbane.

Location Details

Situated in a 1026 sqm site and located in an ideal industrial area in Brisbane.

Potential

The current owners agree the next level for the business to grow would be more aggressive marketing & utilising social media and other mediums. The main focus would be Rail Signaling and Design/Military and Defense/Aerospace/Bespoke Manufacturing.

Skills

Business acumen, fabrication and design experience would be ideal for owners
coming into the business to be able to continue with the manufacturing of a wide range of items both bespoke and standard design. Holding a number of IP products, which they have developed.

The CAD drawing and fabrication knowledge in conjunction with the client’s specifications allows them to satisfy the requirements of each project.

Hours

Monday - Friday: 7:00 am to 4:00 pm
Saturday & Sunday: By appointment

Lease

Lease expiry mid 2020 with an additional 3-year option. The premises includes a 960 sqm workshop and a 66 sqm office.

Employees

2x Owners / Managers
4x Full Time
1x Contractor for specialised work

About the Business

The company has a long-standing relationship with Rail Services Companies, Signal Contractors, Aged Care Facilities, Commercial Kitchens, Laundries, Hospitals and Government Bodies and recently into the Aerospace.

The company also manufactures goods that been used locally and been involved with projects all over Australia and occasionally overseas. They have all the relevant QA systems in place to oversee quality and moderate stock levels of raw materials as well as finished products.

The business has contracts in place that are renewed each year, and owning the Dies for the products that are cast and have supplier agreements for speciality items.

Key facts about the business opportunity:
- Long-standing, established in 1980
- The company has grown from a family owned business to a solutions specialist
- Delivering products across a wide network of clients across Australia and overseas
- Sales circa $1.1 - $1.5 million historically
- Profits to working owner circa $280,00 - $360,000 historically


For more information on this opportunity, please contact the undersigned:

Chris Earle
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions
M: 0400 696 275 T: 1800 858 696 E: cearle@mentored.com.au

For more details go to www.mentored.business and complete our online confidentiality agreement. Use the reference ID 2048984 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, nonrecurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

History

Established in 1980 the business has grown from a family owned sheet metal
fabrication business to a solutions specialist delivering products across a wide network of clients across Australia and overseas.

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