- Price: $495,000 + SAV
- Categories: Industrial/Manufacturing
FIRST TIME OFFERED SINCE 1989 RARE & OUTSTANDING OPPORTUNITY!
Our client has been manufacturing Ice Machines since 1989 & have operated successfully for just on 35 years!
They are Australian leaders in the manufacture of commercial ice maker machines & ice flaker machines with a wide range of local & overseas customers.
They have developed a unique feature in their ice making machines that offers a distinct advantage over their competitors.
They also distribute imported industrial flake ice makers.
They sell into a massive & diverse marketplace including wholesalers, fishing, mining & agriculture sectors, retail & restaurants clubs pubs & many more that are too numerous to list here.
There is potential to expand the business into the existing & "untapped" marketplaces.
As industry leaders their repeat business rate is very high - a testament to their longevity & success.
Key Features;
- Established in 1989 still under original ownership.
- Operate from 2 sites: Sydney & Brisbane
- Market leaders.
- Highly trained & experienced staff.
- Potential to expand into existing & new markets.
- Owners are prepared to assist with extensive handover if required.
- Refrigeration Licence would be a distinct advantage.
- Would suit a refrigeration or A/C technician seeking a "bolt on" to complement their existing business.
WHAT YOU NEED TO KNOW;
- Asking Price; $495,000+SAV
- Turnover; $2,800,000 (2023 Financial Year)
- Adjusted Net Profit; $167,000 (approx.)
- Monthly Rent; Sydney; $8,027+ GST/Brisbane; $5,000+GST (& Outgoings)
- Long Lease available in both sites to new owners.
Further information & financial history will be available after Confidentiality requirements have been completed.
