Business ID: XB163011
TURNOVER: $500K UNLIMITED POTENTIAL FOR OWNER OPERATOR OR INVESTOR
This is a standout opportunity for an investor seeking to grow the business and gain more market share across the Mid North Coast.
With a 40-year history of steady growth, TORQUE TECH would also suit a mechanically minded person with a passion for the industry.
Future opportunities are endless with the rapid growth of the region and major projects, such the Oven Mountain Hydro project at Kempsey.
BUSINESS HIGHLIGHTS:
- Established as Eastland Bearings 40 years ago with ongoing growth and development
- Account customer base established with return clientele
- Strong client base, including timber mills, concrete plants, asphalt plants, all mechanical-type businesses, Birdon marine, ALL shire councils, plus walk in customers
- Government negotiations already in play to supply the Oven Mountain Hydro project at Kempsey
- Outstanding reputation built on quality work, longevity and range of clients
- Spacious (480 sqm) industrial space with workshop, office, show room, off street parking for customers and easy access
- 2-year lease just renewed Assets ($25K) and Stock ($130K) included in sale
- Ongoing marketing includes Local search website plus adverts on social media and Google, Email marketing, Brochures and flyers mailed out across Mid North Coast
- 2 x F/T staff and 1 casual in place Business can run without the owner on-site
- Training can be negotiated ideally a full-time staff member will stay on with the new owner
PRICE: $155,000
Property Code: 4421
