*Taking $2,000,129
*Established since 1948
*5-day operation
*Rent $169,154
*2,500 sqm
*Extensive P&E worth $2,500,000
*Fully managed
*Niche Market Monopoly
Farzin and the team at LINK Melbourne are excited to bring to the market a well-established manufacturing business with untapped potential!
This well-established pressure vessel head manufacturer has been a trusted industry player since 1948, specialising in crafting hot pressed dished ends (also known as pipe caps and pressure vessel heads). With a niche market monopoly, this business delivers its high-quality products across Australia and New-Zealand , and there is a great opportunity to service global customers who seek quality, reliable, time proven pressure vessel heads made from world quality Australian steel since 1948, and even chosen by James Cameron, producer of the film Titanic, as part of the Deep Sea Challenge that went almost 11,000 meters under the ocean surface in a submarine whose pod structure was manufactured by this company.
Operated under a fully managed model, this business runs efficiently five days a week, creating room for increased production and enhanced customer engagement. While the current marketing approach is robust, there remains untapped potential to boost market reach and visibility through the implementation of strategic marketing initiatives.
This business holds immense growth potential for a motivated owner-operator who can substantially improve the profitability of this old war horse, by enhancing its marketing and sales. The absence of competition in its niche market, coupled with its reputation and decades-long expertise, positions it for further expansion. By implementing innovative marketing strategies and optimising operations, the new owner has the opportunity to scale up this already profitable venture.
The vendors are so confident in this business they are willing to provide part vendor terms to the right purchaser.
To learn more about this business, contact me today. I would be glad to provide more details to qualified purchasers.
Listing ID: ME02641
Broker: Farzin Hesari
Phone: 0401 009 469
Email: farzin.hesari@linkbusiness.com.au
Ref: ME02641
Timestamp: 20240418030003
