Visit this listing at https://www.sbx.com.au/business?id=G1744

Business Code: G1744

Key Features: Engineering manufacture automotive & marine industry Sth Coast Nsw Net $2597 pw

State: NSW

Suburb: Batemans Bay, 2536

Location: Well located in the thriving Industrial hub of the popular holiday destination on the South Coast of NSW.

Description

Engineering & manufacturing business catering to local building, automotive and marine industries as well as serving the home handyman. - The business has 2 main components - 1 - An all-purpose general engineering business including fabrication of steel, aluminium and stainless steel, marine and boating & - 2. Supplying and fitting of mufflers, towbars, side steps and vehicle accessories. - Workshop activities are carried out by skilled tradesmen including boilermakers, fitters, welders, steel machinist, etc. - All work is done in house within the well-equipped workshop. - The business is also an agent for Air Liquede (Gas).

Summary

  • Features: Well established customer base. - This business has been operated by the same owners for the last 23 years. - Excellent reputation among the locals. - All Equipment is in good working order.
  • Potential: This could easily be a one owner business. - The business can benefit from the growing local infastructure & housing development projects. - Potential to grow this business by creating a website and more marketing.
  • Premises: This business has an area of 329 sq. mts. with a well equipped workshop, storage, office and hoisting bay & a large yard of 1350 sq. mts.
  • Trading Hours: 5 days - Mon. - Fri. - 7:00 a.m. - 4:30 p.m.
  • Lease: Current lease expires in July, 2022. - The owners are happy to negotiate a long term lease with the new owner. - One of the vendors of the business owns the land & freehold. - 3 months bond - 3% annual Increases.
  • Employees: 2 owners + 2 fulltimers + 1 casual
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$10,030

Cost of Goods

$3,472

Gross Profit

$6,558

Rent

$901

Wages

$2,255

Telephone

$58

Insurance

$264

Electricity

$59

Misc1

$424

Total Expenses

$3,961

Estimated Stock (Additional)

$80,000

Equipment (Included)

$120,000

Net Profit

$2,597

Price

$195,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Manufacturing - Engineering - Automotive - Marine

Business Code: G1744
Price: $195,000
+ Estimated SAV $80,000

Key Features: Engineering manufacture automotive & marine industry Sth Coast Nsw Net $2597 pw

State: NSW

Suburb: Batemans Bay, 2536

Location: Well located in the thriving Industrial hub of the popular holiday destination on the South Coast of NSW.

Description

Engineering & manufacturing business catering to local building, automotive and marine industries as well as serving the home handyman. - The business has 2 main components - 1 - An all-purpose general engineering business including fabrication of steel, aluminium and stainless steel, marine and boating & - 2. Supplying and fitting of mufflers, towbars, side steps and vehicle accessories. - Workshop activities are carried out by skilled tradesmen including boilermakers, fitters, welders, steel machinist, etc. - All work is done in house within the well-equipped workshop. - The business is also an agent for Air Liquede (Gas).

Summary

  • Features: Well established customer base. - This business has been operated by the same owners for the last 23 years. - Excellent reputation among the locals. - All Equipment is in good working order.
  • Potential: This could easily be a one owner business. - The business can benefit from the growing local infastructure & housing development projects. - Potential to grow this business by creating a website and more marketing.
  • Premises: This business has an area of 329 sq. mts. with a well equipped workshop, storage, office and hoisting bay & a large yard of 1350 sq. mts.
  • Trading Hours: 5 days - Mon. - Fri. - 7:00 a.m. - 4:30 p.m.
  • Lease: Current lease expires in July, 2022. - The owners are happy to negotiate a long term lease with the new owner. - One of the vendors of the business owns the land & freehold. - 3 months bond - 3% annual Increases.
  • Employees: 2 owners + 2 fulltimers + 1 casual
  • Sale Reason: After 23 years the owners want to retire.
  • Comments: Clients include local builders and in general the construction industry, architects, engineers, local businesses, boat owners, tourist trade, marine industry, Local Government bodies i.e Roads & Maritime Services, schools & local Councils. - The weekly figures shown are an average over the last 3 financial years. - The net profit for 6 months to 31st Dec.2020 is $96,939.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures exclude GST

Weekly Takings

$10,030

Cost of Goods

$3,472

Gross Profit

$6,558

Rent

$901

Wages

$2,255

Telephone

$58

Insurance

$264

Electricity

$59

Misc1

$424

Total Expenses

$3,961

Estimated Stock (Additional)

$80,000

Equipment (Included)

$120,000

Net Profit

$2,597

Price

$195,000
+ Estimated SAV $80,000

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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.