Sheet Metal and Insulation business
Stock Included: No
Stock Value: 100000
Years Est: 2007
Gross Revenue: 1.8mil +
A successful Thermal Insulation and Sheet Metal business is the only one of few in Victoria which actually has a in house manufacturing facility as well.
Business was established in 2007 by the founding owner. It involves Supply and Install as well Supply only of various sheet metal products, fabrication items. Business provides Insulation services to various clients for Industrial, Residential and Commercial projects.
The Facility is situated on 400 sq. mtr area in two different locations within Northern Suburbs. Location allows high exposure on main road with access to Freeway and Melbourne CBD within 15km.
Please note, company has an Enterprise Bargaining Agreement (EBA) in place with the CFMEU and allies for 2016-2019. Business is ideally suitable for someone from Construction Industry with in-depth knowledge or someone from Sheet Metal Work background who would like to take up a challenge to expand their wings into large projects.
Business currently has number of ongoing contracts on hand. Recently secured one of the largest projects in Melbourne CBD. This contract will provide work for apx next 2 years.
Total of $800,000+ works already on hand in this financial year (2017/18).
Selling price is now reduced to $648,000.00 as part of the package. Incredible ROI of 30%+. All plant and equipment is included in the price plus fully documented instruction manuals, paperwork and approvals.
The operation requires minimal staff 10 to 11 full time employees + 1 supervisor who has been with the company for many years. A great setup of long term employees, supply chain and sub contractors are in place. All hard work has been done over the years.
• T/O $1.80mil + in 2016/17
• Fully insured with Work-Cover + Public Liability Insurances.
• Stock of various steel and insulation
• 1.5t Forklift
• Various Sheet metal equipment and hand tools
• Good Office setup
• Long term lease
• Rent - $1800/month (both premise combined.)
Over the past 10 years, the Business has acquired a substantial and loyal clientele, from VIC, QLD and NSW through providing good service and reliability. Customers include major builders, contractors and wholesalers.
The current owner, who is only selling due to personal reasons and other business interests.
Comprehensive training and handover period to be provided by current owner (Up to 2 months) for smooth transition.
Further information and financial details would be provided upon signing of confidentiality agreement.
Price: $6480,000.00 (Including Stock and Equipment)
Approximate Stock Value:
Number of Employees:
400 sq mt
Property Title Included:
Business Operated from Home: