Industrial & Manufacturing business for sale in Melbourne
- Industrial & Manufacturing
- Bs144189 Melbourne VIC 3000
- $650,000 (GST na)
Established Stainless Steel Fabrication Business VIC
Business ID: BS144189
Strong client base with skilled employees - Asking $650,000 plus stock.
This established business manufactures and installs a range of quality custom-made stainless-steel products used in residential, commercial, industrial and marine markets. The business was started 11 years ago and operates from a showroom/factory in an industrial park from an eastern suburbs of Melbourne.
With an established trading history of over a decade, the business has excellent reputation. Sample of stainless steel products the business can manufacture and supply include:
Stainless steel benchtops, splash backs, shelving, sinks, wet/dry benches, drip trays, pot racks meeting both residential and commercial applications.
Components including fountains, water features, table frames, chairs, fences, gates and letter boxes.
Custom fabrication of stainless-steel shower channels and/or shower grates.
-Steady growth history with sales of over $950,000 for FY2020 and FY 2021 is on track to exceed $1 m ($533,000 for 6 months from Jul to Dec 2020)
-Gross margin of over 70%
-Adjusted profit to a working owner in excess of $260,000
-Extensive list of customers
-Majority of the orders are generated from regular customers
-Located in south eastern Melbourne with 470 sqm of factory/warehouse/showroom
-Extensive plant and equipment included as part of the sale
-Team of experience staff and supervisor
-Opportunity to turn some niche products into high volume standard items
With a modern workshop and a team of qualified trade persons on the shop floor, the business traded profitability in 2020 due to the demand generated by its broad customer base. The business is ideally positioned to benefit from the demands by customers seeking the quality and supply certainty offered from an Australia based manufacturer.
The current owner offers to assist new owner with training and handover as part of business transition.
The business will be suitable as :
-A bolt-on to an existing fabrication/engineering/kitchen/construction business seeking to expand by acquiring new customers and stainless-steel fabrication expertise
-An individual looking for a business with competitive advantages. This business has all the production equipment, with great reputation in the market for stainless steel fabrication and production.
Asking price: $650,000 include stock
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