This is an unparalleled opportunity to own a leading toolmaking and plastic injection moulding business that is over 60 years old. Prominent features include brand stability, profitability growth during the pandemic, and the ability to participate in selective distribution.
This business specialises in customisation and services including but not limited to welding, fabrication, manual/prototype machining, and CNC machining. The business showed a strong sales revenue for the 2019-20 financial year of $ 2,685,240 with a consistent net return to the owner of over $500,000pa. 2020/21 Projections show full year profit of $522k plus projected an extra $120k clear profit per pa annum which is a total of $642k pa.
An extensive customer data base and business relationships accumulated through 60 years of experience attribute to the quality of service this business provides. Highly specialised plant and machinery services a growing market demand and high profile national clients. This business is in consistent incline in revenue trend, with their largest client increasing their order by 25%
Currently the owner is working full-time in a managerial role and is willing to negotiate a transitional training period. However, their well-trained staff and loyal customer base provide an opportunity for a fluid transition to new ownership without disruption.
This is a turn-key opportunity in the machine industry that is positioned for success.
Asking Price $2,925,000 Inclusive of $936,000 of equipment.
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