Business ID: XB162142
T/O $1.6M p.a. Owners Income $532,000 p.a. Leader in its field
This engineering electronics business was started in 1980 and has two major products
1. A CIP (Clean in Place) technology offering a unique computerised cleaning system for liquid food businesses.
2. A computerised measurement and sampling system for the liquid transport industry.
The business is a market leader in this technology, owning the IP and having exclusive distribution rights for the plant and equipment. The business is currently located in Sydney and offers an Australia and NZ nationwide service.
- Established 31 years
- Niche Market
- Good Margins
- History of Profits
- Long-standing reputation for high-quality service
- Loyal Customer Base
- No Sales Force Required
- Professional Network of Referrals
Depending on the buyer's experience, the owner is prepared to remain and assist with the smooth transfer of the business, for a period and on terms to be agreed.
This business could suit an entrepreneur with an electronic/mechanical/IT engineering background, or an investment group wishing to enter niche markets.
Asking Price: $1.32M for the goodwill and assets on a cash-free debt debt-free basis. Stock is not included; at the current time, it is approximately $500,000 at written-down value.
Property Code: 4370
