Specialised Timber & Steel Manufacturing

This business was established 30 years ago and is the industry leader in its field supplying products to the power, wire, rubber and communications industry in Australia, this leasehold business is situated in one of reginal Victoria's major cities on a 6Ha purpose-built site but could be run from anywhere in Victoria as the majority of product made is for Melbourne clients. The average turn over for the last 5 years has been 2.1m including the 2 years of Covid, (normal years prior to Covid turn over has been 2.5m plus) the 5-year average EBIT is 200k run under management. An owner operator would add another 100k, the business still has plenty of growth potential and infrastructure to diversify or add to its current field. The client base is 100% multinational clients that guarantee regular payment and work.

The business is for genuine sale as the owners wish to retire, price is $795,000 WIWO for the business.

Freehold is available to purchase at $1.8m

Full information package available, contact Graeme Stanford