Manufacturing - Fabrication - Steel - Construction - CB1534

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$550,000

Description

<p>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.</p>

Potential

Target social media.

Features

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

Premises

Building of concrete wall construction with roller door access, tidy office area and great storage options, and 200sqm forecourt.

Location

Prominent position in a long established industrial unit complex in SE Sydney suburb with good access to major roads.

Trading Hours

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

Lease

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

Employees

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

Comments

<p>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.</p>

SBX ID

CB1534

Figures
  • Takings: $16890/week (GST)
  • Cost of Goods: $4500
  • Gross Profit: $12390
  • Rent: $1300
  • Wages: $5000
  • Outgoings: $20
  • Telephone: $60
  • Insurance: $300
  • Electricity: $40
  • Misc 1: $1380
  • Misc2: $690
  • Total Expenses: $8790
  • Nett Profit: $3600
  • Equipment (Included): $50000
  • Estimated Stock (Additional): $30000
  • All other values ex GST
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