Property Description
“SOLD”
An outstanding business for sale in the heart of the manufacturing precinct of the Melbourne’s Bayside Suburbs.
This highly successful family business, being offered for sale the first very time, has been trading for over 27 years, providing speciality, generic and customized steel products.
In 27 years of trade this business has built a reputation for reliability and professional integrity with their clients. Premium client base of Victorian and interstate clients in domestic and commercial building industry.
Well-equipped factory workshop with sophisticated machinery for the production/ manufacture / fabrication producing stainless steel, aluminium balustrades, wrought iron, glass balustrades and other components for residential and commercial buildings industry since 1995.
The factory floor is 800sqm in size, with offices and factory production area. The factory has great parking facilities and enough space for large truck to drive in and manoeuvre for large deliveries or pick-ups with an area of 700 sqm. A new lease will be negotiated directly with the landlord. Approx. yearly rental of $78,000 + gst + outgoings.
Product fabrication range includes:
– Structural Steel, Architectural work, Fences, gates, handrails, own powder coating equipment
-Stainless Steel, Aluminium, wrought iron and Glass Balustrades
-Frameless balustrades, semi-frameless balustrades and fully framed balustrading.
Highly knowledgeable and reliable long tern staff. With owner welcoming of staying on to assist in handover and training for a period of time if required.
Ideal time to buy just before the new financial year start to reap the rewards of locked in future business income.
This business sells direct to the public, builders, architects, home renovators.
Business features include:
– Solid track record in sales and profit.
– Sizeable consistent yearly sales turnover with solid profit margins.
– 5 days per week trading Mon-Fri
– Business books and records are in excellent condition and will be made available to genuine purchasers
– Excellent cash flow business
– Low overheads
– New lease to be negotiated directly with the vendor.
– Solid repeat client base
– Strong market acceptance and recognition of products
– Professional tools and powerful graphic computers to design the balustrades or other components
– Historical continued growth of sales and profit
– Flexible working arrangements
– Full training will be provided to purchasers
– Trained experienced staff to provide continuity
– Good quality plant & equipment included in the sale price. Valued over $250,000 brand new value.
– This business is well priced inclusive of all fabrication, plant and equipment including the powder coating machinery.
– Use of high-quality raw materials and the newest technologies of metal processing.
The business is currently taking approx. $15,000 per week, with great net profits.
Asking price $265,000
Bargain price for a well-established business of over 27 years of goodwill.
The vendor is genuinely looking to retire however happy to assist the purchaser on a part-time basis going forward.
For a confidential discussion please contact Lev Khazhiner today on 0411 705 913
Prompt confidential discussions with LKBB must come highly recommended. This manufacturing/ fabrication business truly represents an excellent business acquisition opportunity well suited for a prospective purchaser, or even a competitor seeking a well-established and profitable business in the construction and building industry.