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Servicing a large range of industries, the niche service is a unique industrial process for reconditioning helical rotors for pumps to provide greater wear resistance and therefore longer life than buying a new one.
As with most heavy industrial items in Australia, there can be a reliance on local service providers rather than bearing the cost of international delivery for repairs or new purchases. Sales have remained steady during the COVID19 crisis.
The vendor admits winding down sales to be a semi-retired hobby business, working the equivalent of about one day per week. Trusted contractors perform most of the work required and the business is in dire need of a marketing overhaul to exploit its competitive advantage.
As the business is relocatable, this could be a perfect bolt-on for an existing business with some storage space to reap more earnings and utilising staff capacity. Alternatively, it might suit someone seeking a hobby business to build up.
While the business is asking a very fair $45,000, the business has accumulated significant stock of rotors that have not been promoted yet for sale. The value is estimated to be a million dollars but the vendor is asking only $50,000.
The vendor can provide handover training to ensure your understanding of the process and quoting. The business premises should be downsized, which would save you more money. It also needs some basic marketing as the vendor hasa strong accent and does not use email. This includes simply categorizing stock and promoting it to potential clients.
To find out more about this industrial service and business opportunity, please contact me for a Confidentiality Agreement.
Melbourne metropolitan area - relocatable
currently leased but the large premises are not needed. We suggest you review the heavy stock and identify an alternative space-saving storage solution.
The business has never promoted the stock of repaired helical rotors which is worth around $1m. The business has outdated marketing with just a website and the vendor has a strong accent and does not use email.
past retirement age.
M-F business working hours, but works casually
handover as needed and negotiated. The vendor is retiring so ongoing paid assistance as needed might also be available.
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