Business ID: XB162070
SELLING WORKSHOP ONLY TURNOVER POTENTIAL: $2M
The current business operates as part of the Frost Group a leader in the Commercial Kitchen and Bar Industry.
The Frost Group is retracting from the SA market but still has customers that need access to these services.
As a workshop-only model, the buyer will be able to attract skilled labour and grow the business within SA's vibrant economy.
BUSINESS HIGHLIGHTS:
- Sheet metal fabrication workshop with ongoing customer base
- Specialises in stainless steel products for the commercial kitchen and bar industry plus architectural joinery products
- Average turnover of approx. $2M approx. $300-$400K after costs
- SA operation operated for 8+ years Known as Curtin Foodservice Equipment for some 25 years prior
- Premises: 1100 sqm workshop and offices located in Royal Park, Adelaide
- Clients include Commercial joiners, commercial builders, hotels and pubs plus some private clients
- Currently trading 5 days pw with 8 F/T staff (workshop and installation)
- 2 weeks' orientation to meet existing customers and advise on internal procedures and opportunities for the new owner to maintain and grow the business
The SA market is a land of opportunity for the right person and this would be a very profitable business moving forward.
PRICE: $220,000 + SAV
Property Code: 4375
