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Engineering Business For Sale in Melbourne VIC

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Manufacturing Business Positioned For Post Covid 19 - Melbourne, Vic

Location:Melbourne, Victoria

Category:Engineering, Manufacturing and Industrial

Asking Price:$750,000

750000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Manufacturing Business Positioned For Post Covid 19 - Melbourne, Vic

Business description

Business ID: BS[Phone Number Censored]

Strong client base with skilled employees - Asking $750,000

This is a successful manufacturing business specialising in stainless steel fabrication and installation business. The business has traded throughout COVID19, and will likely benefit from further COVID19 stimulus measures such as those targeting the Australian building and construction industry.

With an established trading history of over a decade, the business has excellent reputation. It has consignment agreements with suppliers and long-term staff in place. This business currently manufactures and installs a range of custom made products for the residential, commercial, industrial and marine markets.

-High gross margin of over 70%
-Adjusted profit to a working owner in excess of $260,000 (FY2019)
-Operate from an outer south eastern Melbourne factory/warehouse/showroom
-Employing 3 full time staff in the warehouse
-Multiple long-term suppliers
-All plant and equipment in included in price

Current owners willing to conduct and agreed handover period to ensure new owners are comfortable and adequately trained with the operational aspects of the business.

This business is ideal for those looking for a business that can take advantage of the POST COVID19 environment, where opportunities exist for Australian businesses with manufacturing and fabrication capabilities to offer “Australia Made” products.



Asking price: $750,000 include stock

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