This Specialised engineering business is one of the market leaders in the industry and as a result the business is growing so much that the order books are full to the end of 2016 with the business expected to provide a cash surplus of over $1m for the calendar year. The quality of service, product and workmanship ensures that their customers are constantly knocking on the door. The business is now operating from new premises since January 2016 and this has enabled them to do the work they previously turned away. As such sales are rising as is profitability.
With sales tracking at over $4.5m per annum and a cash surplus of over $900,000 forecasted to a working owner for the current financial year, this is a great investment. The vendor is the general manager and is keen to stay on and drive the business for a new owner, if required. Structured operations teams ensure that he has the finger on the pulse and is the go to person for key suppliers and customers, including national clients.
So if you are looking to buy into a very profitable business with a plant value close to $200,000 and a new secure lease then this is definitely worth a call.
Asking Price $2,250,000 + stock
***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.
