Overview:
Established in 1985 as a Blacksmithing operation, this successful business has evolved over the years into a leading supplier of bespoke forged tools and metal fabrications. Located on an acre of industrial land in Sydney's West, the property features a spacious 600m² building housing two large workshops, cutting-edge plant & equipment, and a well-equipped administration office. With 20+ years of proven success fabricating tools and parts in the Water, Defense, Construction, and Railways sectors, this is one of the few tool manufacturers in Australia offering superior products renowned for their durability and strength.
Key Features:
Prime industrial property of 600m² on one acre of land
Two large workshops with the latest blacksmithing, forging, and metal fabrication equipment
Admin offices, 3D CAD & design capabilities, staff restrooms, and parking for 10 vehicles
A comprehensive setup valued at $1.5M in 2004
Strong and loyal blue-chip client base across multiple industries
Proven history with an average revenue of $1.2M per annum for the last three years (FY22, 23, 24)
EBITDA averaged $250K annually (not including owners salary of $140,000)
Owner willing to stay on for 6-12 months to ensure smooth transition and knowledge transfer
Business Operations:
The business operates with a skilled factory team of five, including one employee capable of taking over the owner's responsibilities, and another handling administration and accounts. This opportunity offers the chance to merge with or expand an existing engineering business, leveraging the owner's expertise and established clientele. Additionally, there is significant growth potential for those with engineering and marketing skills to introduce architectural features and custom metal forging services that are currently under utilised in the Australian commercial architecture market.
Financial Information:
Revenues (FY22, 23, 24): $1.2M average annually
EBITDA (FY22, 23, 24): $250K average annually
Long lease (5x5) with an option to purchase the freehold
Price for Business: $1M
Additional Information:
Interested parties are required to sign a Non-Disclosure Agreement (NDA) to access the Information Memorandum (IM), which includes detailed financials, inventory lists of plant & equipment, stock on hand, and images of the premises.
For inquiries or to schedule a viewing, please contact:TONY MATHERS [Phone Number Censored]
GARTH LAWRENCE [Phone Number Censored]
This is a rare and valuable opportunity for the right buyer to take over a highly respected and profitable niche business with a rich history, extensive client base, and considerable expansion potential.
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