Covid Proof Acquisition Opportunity. $5,500,000 (16235)Listing: #ME01731
About this Business for sale in MelbourneCovid Proof Acquisition Opportunity. $5,500,000 (16235)
This is an extremely rare opportunity to acquire one of Australia's leaders in the iron manufacturing industry. The well known business manufactures, distributes, and installs quality wrought iron products to both residential and commercial clients nation wide, and is currently in the process of negotiating a major contract for two large upcoming developments.
Specialising in the production and installation on top quality products including security doors, iron doors, fences, gates, staircase railing, balustrades, windows and more, the business has achieved a reputable reputation among the industry and has created long-lasting, employee, sub contractor, and supplier relationships.
The sale includes 3x transportation vehicles, a forklift, and a fully equipped showroom and factory strategically located close to all major access points for easy distribution.
Key features include:
*Taking $3,400,000 per annum
*Open 5.5 days per week, closed Sundays
*Well established operation
*Long 20 year lease
For more information please contact Ross Morelli, from LINK, formerly Klemms on the below:
Phone: 0417 112 911
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.