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Listing Id: 27601 Last Refreshed: 21/02/2023 Total Views: 1805

Precision Engineering Business For Sale In Bayswater

Southeast Area, MelbournePrecision Engineering Manufacturers
Asking Price: $100K - 200K
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental $3,850
  • Rental Desposit N/A
  • Revenue $29,166
  • 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 Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Retirement

Description

This Precision Engineering is a long-established engineering business running since 1977 in South East suburbs of Melbourne.

Provides a huge range of general engineering services, precision engineering, and metal stamping.
This business has been a part of, and supplied, all industries from car manufacturers to power companies and, many more.
Still has some small contracts in place with clients. This vendor has been slowing down ready for semi-retirement and concentrates more on his hobby.

Well-equipped machine shop for precision and general engineering and is able to manufacture and fabricate specialised equipment catering to unique customer requirements.

Last year turned over $350,000 with previous years much more. Rent is $3,850 pcm with a 2x2 lease which commenced in Oct 2020.

The business trades Monday to Friday 7:30am to 4pm, with earlier close on Fridays.

For further information please contact Senior Business Broker Petros Margaritis on 0416 000 154.

Ref: B14374

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