Engineering Business. Owner Is Retiring Be Quick.

$195,000
nsw09501
2 months ago

Metal fabrication and engineering company with over 30 years history highly reputed company for its quality and innovative jobs in south western suburb. Jobs are done all over Sydney.

Owner operated with tradesman running for the past 30 years.

This business has all the Equipment/machineries like, lathe, milling machine, cutting machine, drilling machines, aluminium welding, gas welding. Stainless steel welding machines, pressing machine, tools, A1 size printer, 2 Isuzu trucks with cranes, Website, Computers, proper office and all necessary tools for inside the factory and for mobile jobs.

Covid-19 not affected this business, order is pouring in but owner refusing to take up new jobs as he has too many jobs in hand and health concerns.

Very low rent. Just $3,750/Month including GST and outgoing. New lease for 2+2+2

Factory size is 350Sq Mtr built up area plus mezzanine floor used for electronic jobs of Automatic gates. Total area of 500 Sq mtrs.

Services offered

  • Civil Engineering
  • Shop Drawing
  • Fencing
  • Doors / Gates / Automatic Gates
  • Handrailing / Balustrade
  • Structural Steel
  • Stainless Steel
  • Aluminium / Brass
  • Wrought Iron

Ongoing Jobs

Over $100,000 worth of job is in hand which will be passed on to new owner, there are new quotes to be sent.

Ideal buyer

You should be metal fabricator, with Autocad knowledge preferred as most of the jobs are designed through Autocad. Owner will stay with you for a period of 6 months on part time basis for nominal wages.

Potential

  • Plenty of jobs are available to quote but current owner is too busy and not interested to take more job he cannot fulfil.
  • Add more staff.
  • Owner takes over $15,000/month.
  • Very good opportunity for owner operated, asking price is $195,000 or more.

Note: No time waster please. If you are serious and want to start your own business or add on to existing business talk to me.

No financials.

Please Login to view more details.

Disclaimer:

Images used may be stock images and not representative of the listing. Any reference to earnings, EBIT or EBITDA, may include add backs relevant to the current owners. Investing in a business, private company, or fund carries a high level of risk. This information is not intended to provide tax, legal, or investment advice, nor is it a solicitation or offer to purchase or sell any securities or other financial instruments. We provide free tools and resources to assist users in performing due diligence and strongly encourage them to conduct their own independent due diligence prior to investing in a business, securities, or financial instruments. A purchaser must be willing to accept the loss of their investment and is encouraged to obtain additional information, opinions, financial projections, and legal or other investment advice prior to investing or purchasing.

Business Location City of Sydney, New South Wales, Australia

Please Login to view more details.

Please Login to view more details.

This website uses cookies to help us display personalised listing recommendations for you.