Manufacturing And Engineering Business In Sydney For Sale

Business description

This business has been operating for 51 years and has had 2 owners during its lifetime. It is extremely stable with an experienced and loyal work force and blue chip clients. It operates a 5 day week. It ticks many boxes of a business that will pass any due diligence test. The profit is $1265000 pa- tax returns available.
Key characteristics of this wonderful business are:
•51 year track record with a reputation for best quality, innovative products & excellent prices.
•Relocatable, certainly not reliant on the current location.
•Opportunities to add on other products / services- huge capacity
•Loyal and experienced staff with long term employment records.
•ISO 9001 Certified quality management systems in place.
•Well known in the industry and indeed a dominant player in the Sydney / NSW market
•The existing premises are available for lease or may be available for sale – 3000 + m2 under cover.
•Consistent turnover and profit in the last 2 years are a confirmation of the quality of this business, especially in the current economic downturn
•Semi Govt. contracts with long term relationships.
•Specialist supply to Australia’s largest users.
The business has no sales/marketing arm and relies on word of mouth. Huge possibilities exist to grow this business.

Property information

Real Estate:

Lease

Lease terms:

The Vendors own the property and thus a new lease is available at a rate of $23000 per month plus outgoings. They will also consider the sale of the property.

Leasehold rent:

$276,000 per annum

Location:

The business is situated in an industrial area East of the city.

Premises details:

The premises have a total floor area of 3508m2 and a usage area of 3247m2 with an office for the management and clerical staff.
The building is split into various components to house the 3 divisions, and is thus perfect for huge expansion. The premises is owned by the Vendor and is available for lease or for sale.

Size in square feet:

3500 m2

Business Operation

Expansion potential:

This business is extremely well established and uses mainly word of mouth for promotion and advertising. It has a basic and standard website.
They also utilise the yellow pages media, both hard copy and online advertising.
However there is no active marketing and there are no sales personnel on the road.

Competition / Market:

There are a number of competitors in the marketplace with whom ABW competes but note there are no competitors in certain of the main division items manufactured and this gives the business an enormous advantage.

Reasons for selling:

Retirement

Trading hours:

Monday to Thursday 7 am to 4 pm and Friday to 1 pm.

Employees:

22

Years established:

51

Other information

Support & training:

The Vendors wioll negotiate acceptabe handover and assistance.

Furniture / Fixtures value:

$70,000 (included in the asking price)

Inventory / Stock value:

$80,000

Relocatable:

This business can be relocated.