Highly successful and profitable non-ferrous foundry business, a widely respected industry leader of innovation and quality is for sale. The business is based in Sydney's South-West, 25Km from Sydney CBD and 20Km from Parramatta CBD.
A specialist in automated green sand moulding, chemically bonded sand moulding, gravity die casting, metal melting, heat treatment and expertise in the facilitation of machining and powder coating to suit all needs.
* A repetition foundry supplying the mining, agriculture, building and construction, utilities, rail and general engineering industries.
* Revenue $5.85M p.a. over the last four years, achieving record sales of $6.76M in FY23.
* FY24 results anticipated to equal or improve on historical performance.
* Average Gross Profit of 33%.
* Favourable premise lease available. Option to purchase premises also available.
* Current owner will consult to ensure a seamless handover to the new owner, if required.
* Finance option available.
This business is the perfect opportunity for expansion via acquisition, or for another industry participant to consolidate their position and set themselves apart from their competitors through horizonal or vertical integration with an established and profitable business.
All assets/plant & equipment required to operate and maintain the business (Goodwill, IP, P&E) are included.
Features include:
- 40 years of trading history and reputation
- Consistent year-on-year revenue
- Established list of regular/repeat customers
- Favourable Lease Terms
To obtain a copy of the Information Memorandum, please contact seller to obtain a confidentiality agreement.
