Business ID: XB159345
Profitable and well-established engineering business with diverse revenue streams, located near major mining operations.
This is an outstanding opportunity to acquire a long-standing business specialising in engineering, metal fabrication, and industrial services. Located in the Far Central West of NSW, the business boasts a stellar reputation built since 1988. With services ranging from boiler-making to plumbing hardware, this diverse business has become a one-stop shop for local councils and major mining companies.
Business Highlights:
- Reputation: Established in 1988 with a solid reputation for quality and reliability in boiler making, fitting, and machining.
- Service Diversity: Expanded offerings in plumbing, hardware, and building supplies.
- Strong Financials: Annual turnover of $6.5 million in FY24 with an adjusted profit of $757K.
- Location Advantage: Close to major mine sites, serving the region's industrial needs quickly and efficiently.
- Skilled Workforce: A dedicated team of experienced heavy diesel fitters and boilermakers.
- Growth Opportunities: Prime position to capitalise on growth in the mining sector, tourism, and local business development.
- Support: Up to four weeks of support provided by the current owner to ensure a smooth transition.
What's Included:
- Fully equipped workshop with advanced machinery.
- A large inventory of plumbing, hardware, and building supplies.
- A loyal customer base with over 150 clients, including major mining companies.
- A skilled management team with over 90 years of combined experience.
This is an exceptional opportunity for an investor or owner-operator to step into a thriving, highly respected business with vast growth potential. The business is priced to sell, and with its comprehensive support and strong ties to the local community, it's positioned for continued success.
Asking Price and Terms:
Price: $1,500,000 + Stock at Value ($750K)
Property Code: 4140
