Sheet Metal And Door Frame Manufacturer In Sydney For Sale

Business description

This business specialises in the manufacture, service and distribution of quality fire doors and metal frames to resellers who supply residential units, office buildings, shops, schools, hospitals & Government buildings.
It has developed a reputation for design and engineering to suit every customer’s requirement with a 5 day turnaround. The name has a long history- established in 1948- and is well known with an excellent reputation for quality and service. In NSW it is one of the top 5 suppliers of frames and in the top 2 suppliers of project profile frames.
It has innovated a new framing system ,subject to patent, which eliminates the need for welding and painting.
It has been manufacturing their products for 14 years. It has excellent equipment which will be sold unencumbered.
Full Financial figures are available for due diligence to a qualified buyer.
All products are manufactured in house in a controlled and efficient process and comply with Australian standards.
Proudly Australian Owned and Manufactured.
Product range includes:
•Architectural metal doorframes
•Fire doors to client’s specifications. All fire rated.
•Products sold to resellers.
•Resellers on sell to schools, hospitals, offices, industrial, residential complexes and overseas projects.
The owner is willing to continue an arms length business relationship with a new owner.

Property information

Real Estate:

Lease

Lease terms:

A new lease is available for a period to be agreed upon.

Leasehold rent:

$85,000 per annum

Location:

The premises are situated in the industrial area in the North of Sydney. There is all day parking outside the premises for easy access from clients and for deliveries. The loading dock is positioned in the main road.

Premises details:

The factory and offices are situated on approx 600 square metres. The offices and staff rooms plus toilets and store rooms are downstairs with separate private offices upstairs.
The premises are a ‘No Frills’ style factory that has served the company well for many years in its present position.
The premises are owned by the Vendor who is prepared to enter into a new lease. Alternatively, he may consider selling the premises if so desired.

Other information

Expansion potential:

New owners would install some drive and enthusiasm to an operation that has been working in the same manner for many years.
A new eco friendly products yet to be marketed comprehensively especially in the light of the world concern for "green" projects.
Expand the Web site to use as a marketing tool.

Competition / Market:

There are 6 listings of metal frame manufacturers listed in Sydney/NSW including this business. The names will be disclosed to a qualified Buyer on application.

Support & training:

The Vendor will provide handover and training to a new Buyer. The Vendor intends to continue in business in the manufacture in a complimentary product and expects a continued busienss relationship to endure with a new owner.

Reasons for selling:

After 14 years of success the Vendor wishes to step back and concentrate on building up a smaller business.

Trading hours:

Factory and Offices:
Monday - Thursday 7.00am to 4.00pm
Friday earlier close 1.30 pm

Furniture / Fixtures value:

$862,000 (included in the asking price)

Inventory / Stock value:

$150,000