Business ID: XB160853
Under Management ANP ROI 2024 $630,000
The business is a manufacturer of quality axles, a supplier of springs, brakes and parts for domestic trailers, boat trailers, caravans, horse floats and agricultural equipment. The business has been operating since 1975 and has grown into a major manufacturer, importer and supplier of quality trailer parts.
The business is a wholly South Australian-owned and operated which is run under management with a General Manager responsible for the day-to-day operation.
- Operating for over 50 years
- Run under management
- Long-term qualified staff in place
- Freehold option available
- Great high-profile main road location
- Two street frontage with easy access
- Specialist product manufacturer
- Favourable lease terms if required
As there is a General Manager in place, there will be a comprehensive handover at settlement, which will be outlined in the Business Sale Contract.
This business is suitable for an investor with marketing and business skills to expand into current markets with new products. There is no day-to-day involvement in the business from the current owners, who rely on a General Manager and senior long-term staff who have been in place for several years. It is ideally situated to allow the new owner to operate the business remotely with minimal input if so desired.
Asking Price: Goodwill Plant and Equipment $950,000 + SAV estimated $2.4 million Freehold Land and Improvements $5.5million
Property Code: 4422
