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Listing Id: 33686 Last Refreshed: 07/11/2024 Total Views: 2 Broker Ref: 20824.1

Water Jet Cutting Business PRICE REDUCTION FROM $660K TO $495K + SAV

Sydney Region, SydneyPrecision Engineering Manufacturers
Asking Price: $495,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

This Water Jet-cutting business offers versatile waterjet cutting services, catering primarily to architects, builders, tilers and other manufacturing professionals. Its state-of-the-art equipment cuts a wide range of materials, including metals such as aluminium, brass, copper, stainless steel and titanium and non-metals such as plastics, rubber, fibre cement sheets, marble, granite, porcelain, sandstone and ceramic tiles.

The business has been in operation for over 20 years and enjoys repeat business from scores of clients. Whilst the business is already successful, there is enormous scope for a new owner to grow the business and capitalise on the clients base and reputation the owners have built in over 20 years of trade.

No trade qualifications are necessary to operate the jet cutting machines and training will be provided.

Summary:
 Sales for 2023 approx. $500K - Sales for 2024 in excess of $625K
 Net profit 2023 to husband and wife owners approx. $253K - 2024 net profit to owners TBA

The sale price also includes over $440,000 in assets. To establish a business like this from scratch would cost far in excess of the asking price.

The owners are motivated to sell to spend more time with the grandchildren. They are however available to provide a thorough handover and one of the owners is willing to stay on longer term on a part-time basis.

This is an opportunity not to be missed. Contact Matt Grech for more information.

Note:
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. IMAGES ARE FOR ADVERTISING PURPOSES ONLY AND MAY NOT REPRESENT THE BUSINESS FOR SALE.
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