Manufacturing – Fabrication – Steel – Construction

For Sale

·
South East Sydney

Business Code: CB1534

$550,000
+ Estimated Stock (SAV) $30000
Key Features: Long established - Great position - Large data base of clients - Long serving workforce - Great reputation for quality workmanship and reliability - Good website presence.
State: NSW
Suburb: Banksmeadow
Location: Prominent position in a long established industrial unit complex in SE Sydney suburb with good access to major roads.
Premises: Building of concrete wall construction with roller door access, tidy office area and great storage options, and 200sqm forecourt.

Time for a change.

Sale Reason

1978

Established

On site.

Parking

1 owner +1 administration + 1 foreman + 2 welders/ boilermakers.

Employees

5 days - Monday to Friday: 7.00 am to 3.30 pm.

Trading Hours

Current lease commenced August 2024, expires July 31st, 2026 - Increases 4% - Bond 3 months. - Understand new lease available.

Lease

Manufacturing business, specialising in the fabrication of structural steel products for the building and construction industry. The business has many years of experience filling complex design and custom orders, creating steel columns, beams and stringers, and intricate spiral staircases, hand rails and balustrades for commercial, residential and government customers. The experienced workforce is capable of full range of services including fabrication of stainless steel and aluminium projects, and a contractor provides drawings using AutoCAD software. The workshop is sited on 500sqm and the premises covers 361sqm, with 20 foot container for storage located within building.

Features

Long established - Great position - Large data base of clients - Long serving workforce - Great reputation for quality workmanship and reliability - Good website presence.

Potential

Target social media.

Comments

Misc- 1 - Cleaning and waste removal ($35) Hire P&E ($45) Subcontractor ($1300) - Misc.- 2 - Motor vehicle expenses - Included in sale are 2005 Isuzu truck, 2007 Mitsubishi ute and Toyota gas fueled forklift. Owner will offer extended transition period to buyer and is prepared to stay on.

Weekly Summary

Figures exclude GST

Weekly Takings
$16890
Cost of Goods
$4500
Gross Profit
$12390
Rent
$1300
Wages
$5000
Telephone
$60
Insurance
$300
Electricity
$40
Misc 1
$1380
Misc 2
$690
Total Expenses
$8790
Estimated Stock
(Additional)
$30000
Equipment
(Included)
$50000
Net Profit
$3600
Price
$550,000
+ Estimated Stock (SAV) $30000
Price
$550,000
+ Estimated Stock (SAV) $30000
Contact Us

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