Business ID: XB158938
General engineering business achieving excellence in engineering solutions and practices. Annual sales $2m+
The business can design and build structures, machines, devices, systems, parts and processes that help projects run more smoothly and efficiently.
For over two decades, the business has successfully adapted and improved its products and services through ongoing training, development, and innovation.
The business helps mining companies and other businesses across a range of industries increase productivity, reduce costs, reduce risk, increase ease of use, and more.
The business is customer-driven, not just customer-focused, with an experienced and skilled team looking at every angle to ensure the best engineering solution is derived whilst maintaining constant awareness and compliance with customer safety procedures.
- Consistent revenue growth with annual sales of over $2.0m
- Diverse customer base spread across a range of industries and throughout Australia
- Strong relationship with an array of key suppliers
- Business operates Monday to Friday, 5 days per week
- Highly skilled and experienced staff all of whom have been with the business for several years
- Business operates from a large factory with offices with main highway exposure
- Extensive list of vehicles, lathes, milling machines, CNC machines, tooling, and other assets included in the sale price
The current owners are ready to scale back from business as part of a retirement plan but are committed to ensuring a smooth transition of this business to a new owner. Full training and handover available.
Overall benefits to be enjoyed by the purchaser of this business:
- Business has a very strong reputation throughout Australia
- Excellent relationship in place with customers and suppliers which will lead to opportunities for years to come
- Strategic geographic location with excellent highway exposure, well designed and spacious factory
- Extremely strong profits and cash flow that have provided the current owners with a solid annual income over an extended period
Asking Price: Offers of $1,950,000 plus Stock at Value (approximately $400,000) are being sought from the market.
Property Code: 4094
