Manufacturing And Industrial Business For Sale in QLD

PRICE REDUCED TO $1,750,000 – BUSINESS AND FREEHOLD

Acquire an established Brisbane steel fabrication, welding and machining business together with the 337m² freehold industrial property from which it operates.

Operating for more than 40 years, this family-owned engineering business manufactures fabricated and machined steel componentry to customer drawings. Its work includes repeat production parts, brackets, frames, stands, assemblies, custom fabrication, repairs and general engineering.

The business has built its reputation through reliable workmanship, consistent quality and long-term relationships rather than ongoing advertising.

KEY INVESTMENT HIGHLIGHTS

• More than 40 years of operating history

• Gross margins of 65.4% to 69% across three financial years

• Approximately 40-year relationship with its principal customer

• Orders received almost daily against established part numbers

• Written supply agreement in place

• Substantial machinery and workshop equipment owned outright

• 337m² Brisbane freehold industrial property

• General Industry zoning

• Monday-to-Friday operation

• Two owners available for a negotiated transition

• Business and freehold offered together

LONG-STANDING CUSTOMER RELATIONSHIP

The principal customer is a NYSE-listed multinational equipment manufacturer that has been supplied by this business for approximately four decades.

Orders are received almost daily against established drawings, part numbers and pre-quoted prices. Some components have been manufactured continuously for more than 20 years.

The customer’s identity, written supply agreement and order history will be disclosed to qualified buyers under confidentiality.

FABRICATION AND MACHINING CAPABILITIES

• CNC milling and machining

• Steel cutting and profile cutting

• Guillotining to 8mm plate

• Brake-press forming and bending

• Welding and fitting

• Automatic sawing and docking

• In-house painting and finishing

• Delivery using company vehicles

Specialist finishing processes, including sandblasting, anodising and powder coating, are outsourced to established suppliers.

PLANT AND EQUIPMENT INCLUDED

All listed machinery, vehicles and workshop equipment are owned outright and included in the asking price.

Key assets include a 2022 Milltronics VM2515 machining centre, profile cutter, guillotine, brake press, secondary CNC mill, lathe, large drill, automatic band saw, Fronius welding equipment, paint booth, forklift, Isuzu truck, Mazda BT-50 ute and workshop tooling.

FREEHOLD INDUSTRIAL PROPERTY

The 337m² freehold unit is located at Seventeen Mile Rocks within Brisbane’s established western industrial corridor.

Property features include:

• General Industry zoning

• Roller-door access

• Hardstand and on-site parking

• Workshop and production space

• Office accommodation

• Upstairs storage

• Mains water and sewer connection

The vendors have allocated $1,300,000 of the asking price to the freehold property. This represents approximately 74% of the total asking price and provides substantial property backing.

STAFFING AND HANDOVER

The business is operated by two full-time workshop owners and one part-time administrator.

One owner intends to retire. The remaining two owners are prepared to stay for a negotiated period on wages to assist with customer introductions, drawings, part numbers, pricing, quoting, job costing, suppliers, production procedures and administration.

A buyer does not necessarily need to hold trade qualifications but will require qualified fabrication capability within the business from day one.

GROWTH OPPORTUNITIES

The workshop currently operates one Monday-to-Friday day shift and has the physical space and machinery to accommodate approximately two additional tradespeople.

Further opportunities include diversifying the customer base, increasing machinery utilisation, targeting engineering and manufacturing clients, developing a website and Google presence, introducing an additional shift and expanding custom fabrication work.

The business currently undertakes no structured advertising and has no website or social media presence, yet still receives unsolicited custom-work enquiries.

This acquisition may suit an established fabrication, engineering or manufacturing company seeking additional capacity, a related business wanting to acquire its own premises, or a hands-on buyer supported by qualified workshop personnel.

The sale includes the freehold property, goodwill, customer relationships, drawings and part-code records, machinery, vehicles, equipment and negotiated transition assistance.

Stock at value and work in progress are additional and assessed at settlement.

REASON FOR SALE: Retirement 

Contact Patty Taylor at Taylor Business Brokers for the confidential Information Memorandum. All enquiries must be directed through the broker.