Visit this listing at https://www.sbx.com.au/business?id=GNG1009

Business Code: GNG1009

Key Features: Engineering - Mining - Profit $1,090,000 pa - North West NSW

State: NSW

Location: Near major mining operators in North West NSW

Description

Engineering business providing onsite and workshop services to mining operators throughout the region.- Two excellent workshops and on site vehicles with all equipment.

Summary

  • Features: Demonstrated customer loyalty, evidenced by year-on-year revenue and profit growth - Well established.
  • Potential: Secure preferred supplier status with mine operators in other regions. - Develop web site to promote business awareness
  • Premises: Two large workshops, large yard, good layout for heavy truck access
  • Trading Hours: Workshop is council-approved to operate 24 x 7
  • Lease: 5 + 5 year lease commenced Sept.2014. - 1 month bond - 3% annual increases.
  • Employees: 1 owner + 40 staff
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$126,541

Cost of Goods

$18,467

Gross Profit

$108,074

Rent

$5,282

Wages

$60,966

Telephone

$305

Insurance

$517

Electricity

$2,977

Gas

$34

Misc1

$13,847

Misc2

$3,182

Total Expenses

$87,110

Equipment (Included)

$276,500

Net Profit

$20,965

Price

$2,500,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Engineering - Mining

Business Code: GNG1009
Price: $2,500,000

Key Features: Engineering - Mining - Profit $1,090,000 pa - North West NSW

State: NSW

Location: Near major mining operators in North West NSW

Description

Engineering business providing onsite and workshop services to mining operators throughout the region.- Two excellent workshops and on site vehicles with all equipment.

Summary

  • Features: Demonstrated customer loyalty, evidenced by year-on-year revenue and profit growth - Well established.
  • Potential: Secure preferred supplier status with mine operators in other regions. - Develop web site to promote business awareness
  • Premises: Two large workshops, large yard, good layout for heavy truck access
  • Trading Hours: Workshop is council-approved to operate 24 x 7
  • Lease: 5 + 5 year lease commenced Sept.2014. - 1 month bond - 3% annual increases.
  • Employees: 1 owner + 40 staff
  • Sale Reason: Other interests
  • Comments: FY 2018 is on track to increase revenue by over 10% and net profit by over 30%

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

Weekly Summary

Weekly Takings
(inc GST)

$126,541

Cost of Goods

$18,467

Gross Profit

$108,074

Rent (ex GST)

$5,282

Wages

$60,966

Telephone

$305

Insurance

$517

Electricity

$2,977

Gas

$34

Misc1

$13,847

Misc2

$3,182

Total Expenses

$87,110

Equipment (Included)

$276,500

Net Profit

$20,965

Price

$2,500,000

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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.