Business ID: XB156455
Profits to the owner in excess of $700k in FY 2023 and 2024.
This well-established business has been a trusted leader in metal fabrication for over thirty years, serving a diverse client base with a strong reputation for quality and reliability. The business specialises in the manufacture and supply of cutting-edge mobile conveyor systems designed for delivering luggage directly to aircraft doors. It also undertakes custom fabrication projects tailored to client's needs.
The business has developed their battery-powered luggage conveyors, to meet growing global demand as the industry shifts towards sustainable and efficient ground support equipment. These conveyors are uniquely positioned to replace diesel-powered alternatives, aligning with upcoming regulatory requirements and environmental priorities.
- Revenue: Over $2 million annually with strong profitability
- Established Client Base: Trusted by leading airlines in Australia, New Zealand, and South Korea.
- Innovative Product Range: Battery-powered conveyors are at the forefront of a mandatory industry shift, creating a significant market advantage.
- Scalable Operations: A streamlined production process supports efficiency and scalability.
- Specialised Facility: Fully equipped workshop with skilled staff and proven systems in place.
Industry Growth: The expanding aviation sector, coupled with regulatory changes and export opportunities, positions the business for sustained growth.
Diversification Opportunities: Existing expertise opens avenues for diversification into other industries such as renewable energy and logistics.
This business boasts a proven track record of profitability, strong client relationships, and a reputation for quality and innovation. The current owner is transitioning into retirement and is committed to ensuring a seamless handover and will be available to remain in a consulting role if required.
Don't miss the opportunity to acquire a thriving business with a solid foundation and exceptional growth prospects.
Asking Price $1,495,000 plus SAV
Property Code: 4233