$221,101 Six months net profit WOW! SOLD

Industry: Mechanical Workshop
Price: $395,000 (UNDER OFFER)
Net Profit $ p/a: $221,101 (6 months
Age of Business: 35 Years
Days per week: 5.5
Goodwill: $125,000
Stock: $15,000
Plant & Equipment: $255,000
ROI: 64%
Description:

This booming 35-year-old engine reconditioning and machining business operates 5.5 days per week from a busy location South of the River, has a good reputation and enjoys a high repeat customer base along with a high percentage of referrals.

Offering services such as complete reconditioning, modifications, testing and fault diagnosis, it makes a good net profit each year and with a high tangible asset value of plant and equipment included in the price a new owner can walk in and take over with full training/handover provided by the seller.

  • Well established business
  • 6 month net $221,101
  • Well known in the industry
  • Fully trained/skilled staff
  • High repeat customer base
  • High percentage of referrals
  • Good location
  • Fully equipped workshop
  • Good local suppliers
  • Good financial history
  • High value of plant and equipment included in the sale
  • Some unique services provided
Email: enquire now
   
   
   

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