Visit this listing at https://www.sbx.com.au/business?id=CB1383

Business Code: CB1383

Key Features: Good location - Top quality plant and equipment

State: NSW

Suburb: Mittagong, 2575

Location: Prime location in light industrial area of iconic town in high growth area of Southern Highlands.

Description

Engineering business catering to a wide range of local and regional businesses with manufacture, fabrication, fix, repair and welding of steel and aluminium products - Approved by large popular tool manufacturers for warranty servicing and repairs - A strong aspect of the business is the supply of a diverse range of essential engineering supplies to local trades and industries, including large international manufacturing operations - Plant and equipment is by well-known suppliers and includes 3 x lathes, 2 x milling machines, boring machine, 2 x presses, 3 x welders and forklift, along with other equipment.

Summary

  • Features: Great location - Strong local support - Limited competition - Major supplier to local industry - Long established - Top quality plant and equipment.
  • Potential: Appoint rep - Move to larger premises to cater for strong enquiry - increasing demand for steel supplies.
  • Premises: Large open plan brick premises, with roller door and separate front entrance and an area of 364 sq. mts.
  • Trading Hours: 5 days - Mon. - Fri . - 7.00 a.m. - 5.00 p.m.
  • Lease: New lease available to suit approved purchaser.
  • Employees: 1 owner + 1 fulltimer + 1 apprentice + 1 casual.
  • Comments: Misc.- 1 - Motor vehicle expenses - Misc. - 2 - Waste removal ($17) Bank and merchant fees ($56) Contractor payments ($90) - Owner will stay on if required - CCTV cameras installed - Alarmed - Extensive list of small tools and equipment also included.

Weekly Summary

Weekly Takings (inc GST)

$20,518

Cost of Goods

$11,381

Gross Profit

$9,137

Rent

$650

Wages

$1,864

Telephone

$81

Insurance

$384

Electricity

$97

Misc1

$144

Misc2

$163

Total Expenses

$3,383

Estimated Stock (Additional)

$250,000

Equipment (Included)

$475,000

Net Profit

$5,754

Price

$620,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Engineering - Fabrication - Manufacturing - Supplies

Business Code: CB1383
Price: $620,000

Key Features: Good location - Top quality plant and equipment

State: NSW

Suburb: Mittagong, 2575

Location: Prime location in light industrial area of iconic town in high growth area of Southern Highlands.

Description

Engineering business catering to a wide range of local and regional businesses with manufacture, fabrication, fix, repair and welding of steel and aluminium products - Approved by large popular tool manufacturers for warranty servicing and repairs - A strong aspect of the business is the supply of a diverse range of essential engineering supplies to local trades and industries, including large international manufacturing operations - Plant and equipment is by well-known suppliers and includes 3 x lathes, 2 x milling machines, boring machine, 2 x presses, 3 x welders and forklift, along with other equipment.

Summary

  • Features: Great location - Strong local support - Limited competition - Major supplier to local industry - Long established - Top quality plant and equipment.
  • Potential: Appoint rep - Move to larger premises to cater for strong enquiry - increasing demand for steel supplies.
  • Premises: Large open plan brick premises, with roller door and separate front entrance and an area of 364 sq. mts.
  • Trading Hours: 5 days - Mon. - Fri . - 7.00 a.m. - 5.00 p.m.
  • Lease: New lease available to suit approved purchaser.
  • Employees: 1 owner + 1 fulltimer + 1 apprentice + 1 casual.
  • Comments: Misc.- 1 - Motor vehicle expenses - Misc. - 2 - Waste removal ($17) Bank and merchant fees ($56) Contractor payments ($90) - Owner will stay on if required - CCTV cameras installed - Alarmed - Extensive list of small tools and equipment also included.

Weekly Summary

Weekly Takings
(inc GST)

$20,518

Cost of Goods

$11,381

Gross Profit

$9,137

Rent (ex GST)

$650

Wages

$1,864

Telephone

$81

Insurance

$384

Electricity

$97

Misc1

$144

Misc2

$163

Total Expenses

$3,383

Estimated Stock (Additional)

$250,000

Equipment (Included)

$475,000

Net Profit

$5,754

Price

$620,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.