TOOLING, ENGINEERING & MANUFACTURING SUPPLING TOOLING TO LOCAL & INTERNATIONAL MARKETS
TOOLING, ENGINEERING & MANUFACTURING SUPPLING TOOLING TO LOCAL & INTERNATIONAL MARKETS
Industry :
Import/Export/WholesaleSub Industry :
WholesalePRICE CHANGE; NOW $1,195,000+SAV
Established in 1986 as a CNC machining shop, our client quickly recognized a need to produce tooling & equipment for the timber industry. They now supply & stock a wide variety of quality tooling for the timber industry nationally & internationally.
The natural progression was to diverse into the metal working industry & producing equipment for the underground coal mining industry where they are now well placed.
Today, they are a multi-faceted & diverse operation, with a portfolio that continues to service the timber industry, as well as manufacturing precision components catering to the mining industry, food processing & many more.
With their precision CNC machines, robust systems, experienced staff and proprietary tooling designs, they produce precision components to exacting standards.
They are the only knife tooling manufacturer in Australia.
This opportunity offers a "turnkey" operation for similar businesses seeking a "bolt on" or buyers looking to secure a well run & successful operation that has huge potential for expansion & growth.
Key Features;
* Easy transition with the existing client base.
* Well established market position.
* Large level of repeat business.
* Significant growth potential.
* Owner will offer ongoing support for extended period if required.
* Skilled staff
* New Lease available to new owner (710sqm with 7 car parking)
* Destination site for their products & services
What You Need to Know;
* Turnover; $1,387,250 (2024)
* Adjusted Nett Profit; $342,000 (approx.)
* Rent; $10,000 per month (plus GST & outgoings)
* Asking Price; $1,195,000+SAV
Further information & financial history will be provided after Confidentiality requirements have been completed.
Contact; Tony Lee 0416 111886
E; tony.lee@wbsa.com.au
Queensland
Australia
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$1,195,000 + SAV
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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