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Precision Engineering/Machining Shop Supporting Mining, Resources/Motor Vehicle/Agriculture Industries For Sale

Brisbane South, Queensland, Australia
Asking Price:
$3,000,000 (AUD)
Sales Revenue:
$5,109,678 (AUD)
Cash Flow:
$1,600,116 (AUD)

Summary
This Precision Machining business is an Australian owned precision machining shop, specializing in Computer Numerical Controlled or CNC Machining, CNC Milling, and CNC Turning to support a wide range of market sectors in Brisbane They provide their services of medium to large castings for mining, resource, and rail industries to name a few.

Revenue
$5,109,678

Net Profit
$1,600,116

Potential
This is a family owned and run business which has been performing strongly. They are replacing two machines with brand new machines which when installed will be an investment of $600,000 and this is included in the asking price. This is a huge endorsement by the family for the future of this business and its potential. Machines will be operational in April 2021.

Skills
You can either invest and employ a skilled engineering Manager or alternatively CNC Engineering background would be an advantage.

Hours
Two shifts work Monday to Friday. 6am-2pm and 2pm-10pm.

Lease
A new 3/3/3- or 5/5-year lease is available on very favourable commercial terms.

Location
Southern Brisbane

Employees
12 Employees and 4 Directors all paid market salaries. Owners will provide a reasonable transition period to recruit replacements for their roles. Two Directors on the floor, one in administration and one in sales estimation.

Reason for Sale
Retirement

About the Business
This precision machining business is an Australian owned precision machining shop, specializing in Computer Numerical Controlled or CNC Machining, CNC Milling, and CNC Turning to support a wide range of market sectors in Brisbane They provide their services of medium to large castings for mining, resource, and rail industries.

They supply:
• Custom made parts for the automotive industry
• New components for the mining & resource industry
• Tools and dyes for a variety of marketing sectors

Their manufactured custom-made parts range from ‘one off’s’ to high production quantities and assist their customers in solving challenging CNC machining projects.

As a CNC company, they also provide quality solutions by CMM measuring in their climate-controlled room, from single piece part to large measurements and from simple geometry to 3D modelling.

They have an experienced, knowledgeable, and skilled, team who can cover a wide range of disciplines. With this and integrating the latest and best CAD/CAM software, it enables this business to provide a high-level quality service.

It has a long history of strong sales and excellent returns that have proven consistent over many years.

By investing in this business, you will be helping to make Australia great and getting a much better return than many business and property opportunities out there in the market.

History
In 1996, the owners founded the business in which is currently located in Southern Brisbane.

Sale Price
$3 million plus SAV and WIP estimated at $250,000.

Property Information

Real Estate:

Lease

Lease Terms:

A new 3/3/3- or 5/5-year lease is available on very favourable commercial terms.

Location:

Southern Brisbane

Premises Details:

A new 3/3/3- or 5/5-year lease is available on very favourable commercial terms.

Business Operation

Expansion Potential:

This is a family owned and run business which has been performing strongly. They are replacing two machines with brand new machines which when installed will be an investment of $600,000 and this is included in the asking price. This is a huge endorsement by the family for the future of this business and its potential. Machines will be operational in April 2021.

Reasons for selling:

Retirement

Trading hours:

Two shifts work Monday to Friday. 6am-2pm and 2pm-10pm.

Employees:
12 Employees and 4 Directors all paid market salaries. Owners will provide a reasonable transition period to recruit replacements for their roles. Two Directors on the floor, one in administration and one in sales estimation.
Years established:
In 1996, the owners founded the business in which is currently located in Southern Brisbane.

Other Information

Support & training:

Owners will provide a reasonable transition period to recruit replacements for their roles.

Inventory / Stock value:
$250,000 (AUD)

Contact Hallmark Business Sales Pty Ltd

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