Gold Coast Metal Fabrication Business
Stock Included: Yes
Stock Value: —
Years Est: —
Gross Revenue: 451,821
This great business has been operating for nearly 30 years under three different owners. The Business focusses on light metal fabrication. Consisting of handrails, balustrades, stair stringers, screens, sheet metal works, posts and beams for housing, and jobbing-type fabrication. The beauty about this business is that it fabricates in all metals.
• 1.4 Million in Live submitted quotes.
• Owners projection for turnover in work completed/progress by Jan 2021 to be around $400k.
• Owners estimates approximately $345 in stock, equipment and materials.
• Excellent 30-year trading history.
• Strong client base.
• Inhouse designed products
• Numerous growth opportunities.
• 525m2 of manufacturing space
The current owners have other business interests which they wish to focus on, however have created a great platform for a big thinker to scale right up, or an owner/worker to make a simple 6 figure plus income from working only weekdays.
The majority of the work being performed comes from major construction firms in the form of metal works packages for schools, day care centres, shopping centres and high-density housing developments.
Due to the location being close to the coast, there is also a large market in the area for replacement of corroded metal works which can be expanded on.
An exciting aspect to the business is the several in-house designed products that not only sell quite well on their own but marketed and promoted more extensively could create a lucrative additional income.
The business has a fantastic reputation willing to stand by their name in this sale process.
The facility has 525m2 of manufacturing space plus mezzanine storage, external secure storage and hardstand area. The increased space, increased material storage and hard stand area has enabled the taking on of larger contracts and increasing general throughput. The facility is capable of a throughput much larger than is currently being enjoyed and comes at an attractive lease rate
Currently there is $1.4 Million of live quotes in the system and work pre booked until early next year. With multiple income streams from the Tweed Shire Council, to large construction companies right through to local builders, the opportunity for growth via improved marketing and sales activities can potentially double the results over night.
With current staff members being long term and knowledgeable in the daily operations of the business, you will hit the ground running making a profit from day one. With the right resources, having the capacity to deliver structural steel projects over 5 tonne in good turn-around times will realise dramatic increases in turnover.
For the right buyer, there are few, if any businesses in the local region who are accredited to fabricate/install most architectural systems such as louvres, laser-cut screens, swaged screens, aliwood/knotwood systems, modular handrails, modular balustrades etc. There is great opportunity in picking up ‘approved supplier’ status for these systems to again make this business even more profitable.
As is stands now, this business is on track to outperform its previous year and there will be training and induction for a new owner as well to help in the hand over process.
Willing to invest in an industry that is well supported by its surroundings for continued growth? Call now!
Number of Employees:
Business Operated from Home: