Established 20+ years – Niche market – Strong demand
With increasing investment in offshore energy and aging sub-sea infrastructure, demand for specialised fabrication, repair and welding services is expected to remain strong, making this business a prime investment.
Owned and operated by the founder for 20+ years, Oil Equipment is a well-established and trusted specialist provider known for high-quality fabrication, precision tooling and reliable on-time delivery.
The workshop fabricates tooling and components for sub-sea oil and gas, agriculture and a range of other industries.
BUSINESS HIGHLIGHTS
- Capabilities include the design, manufacture, repair and preventative maintenance of specialist equipment – from sub-sea ROV tooling and seabed sampling equipment, to pipeline re-alignment gear, bitumen plant components, composting plant maintenance, olive picker servicing and bespoke one-off engineering projects
- Loyal recurring customer base across resources, civil, agricultural and industrial sectors
- Many customer relationships span multiple years, underpinning a stable and predictable revenue base
- The business operates from a well-fitted workshop with established office and administrative areas
- Extensive list of assets, including a 2006 Toyota Hilux Workmate – Stock included to the value of approx. $20,000
- Owner operated with 1 x F/T employee, 2 x casual employees, and 1 x P/T employee
- Opportunity to increase output with additional staff or extended hours
- Owner retiring
Price: $200,000
Property Code: 4780
