Summary
- Asking price:
-
$759,000
- Sales revenue:
- $1,585,000
- Net profit:
- $106,000
- Years established:
- 10 Years
- Employees:
- 10
Business description
Established Engineering Business, one of its kind in the area servicing mining industries, agricultural and local businesses.
Property information
- Real Estate:
- Lease
- Lease terms:
- 3 year term. Current term expires 13th June 2008.
Owner of premises willing to sell.
- Location:
- 3km from GPO in Industrial Area
Other information
- Expansion potential:
- Opportuntity to expand:-
. Existing Contracts.
. Mobile Line Boring Service.
. Bearing Distributorship and establish a mobile sales representative.
. Establish relationship with new mining companies in the area.
. Increase Labourhire service
- Competition / Market:
- No major threats
- Support & training:
- Owners 3-6 months handover
- Reasons for selling:
- Personal Reasons
- Trading hours:
- 7am-5pm M-F 7am-1pm Saturday 24hour call to major clients.
- Financing available:
- No
- Furniture / Fixtures value:
- $410,000
- Inventory / Stock value:
- $159,000