Reason: --
GENERAL STEEL FABRICATION - OFFERED FOR SALE FOR THE FIRST TIME IN 31 years!
ESTABLISHED, PROVEN & PROFITABLE. OWNER RETIRING!
Established in 1972 but operated by the same owner since 1991, this business has a proven track record of reliability, quality of service & repeat business.
Specialising in general fabrication, utilising mild steel, stainless steel & aluminium.
Working for builders, plumbers, electricians & water treatment companies is the core of their turnover. Utilising a "job in" strategy where a "one off" task will be given the same dedicated attention as a larger order of several thousand pieces.
They are regularly called on to produce work for other sheet metal companies.
With the owner focused on retirement, there are huge opportunities for profitable growth & increasing the diversity of work to create new opportunities in new areas.
KEY FEATURES.
- Centrally located to service most customers.
- Long term clients & repeat business.
- Combined floor space over 600 sqm in 2 units.
- Covid proof trading recession proof business.
YOU NEED TO KNOW;
- Asking price; $440,000 + SAV
- Turnover; $900,000 (approx.)
- EBITDA; $145,000 (approx..)
- Lease; New Leases available to new owner.
Further information & financial history would be available after Confidentiality requirements have been completed.
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