Located in a well-established eastern wheat belt community, this successful 23 year old engineering company has a growing agricultural products manufacturing division within it. The demand for the company’s services and products is strong and continues to grow. Sales revenue for 2021 was $3.5M and the business is on track for 2022 sales to be equal or greater than the previous year. The business enjoys healthy PEBITA profits. The engineering division’s reputation and expertise is such that there is always regular ongoing work. The full order book indicates the acceptance of the agricultural products manufactured – next year’s production is sold! An agricultural products brand is being built and the opportunity exists to invest in the manufacturing business and grow the brand nationally. A future relocation of the manufacturing division is feasible. The business has experienced staff in place and is run under semi management. The owner is open to discussions to continue in a management position, if required, for a reasonable length of time.
The business is offered as a leasehold transaction with the opportunity, if required, to purchase the freehold land and buildings.
LEASEHOLD SALE PRICE $800,000 plus Stock at Valuation (Estimated $220,000) – FREEHOLD AVAILABLE
PLEASE NOTE: Information will only be provided after the completion of a Confidentiality Disclosure Agreement and clearance of the enquirer’s credentials. Please complete the email enquiry form, or contact:
ROBERT GASMIER Business & Property Broker