Description
On offer for the first time in over 35 years is this highly profitable and long-standing Steel Manufacturing and Elgas Delivery Business in a sought-after location!
This is an excellent opportunity to acquire an established business in the Moreton Bay Region, perfect for someone seeking a sea change and a fantastic lifestyle to go along with the highly profitable business.
The business has multiple income streams from steel manufacturing and Elgas delivery services.
Year-on-year profitability is impressive with annual sales in excess of $2,471,028 for 2023 and a healthy and secure net profit of over $226,869.27 for 2023 and an average of $2,471,138 over the last 4 years, including "Covid-19" year 2020 where it made $316,478 in adjusted net profits.
The business is appealing due to the following:
Established and well-recognised steel manufacturing and Elgas delivery business.
Highly profitable and industry-leading production processes
Reliable and secure income streams
Multiple income streams from both steel manufacturing and Elgas delivery services
Potential for growth and expansion
Located in the beautiful Bribie Island area.
The business also comes with $570,050 in equipment, machinery and vehicles. Making it even more attractive.
This is an excellent opportunity to purchase a well-established and highly profitable business on the beautiful and quickly growing Bribie Island.
This business would suit someone wanting to expand their current Engineering company or relocate from interstate for a sea change. Alternatively, anyone looking for a solid business to make their own.
On offer is the highly successful long-standing business and the 3 Freehold premises it operates out of for the astute investor. The freeholds will not be sold without the business but are offered as a package for the right person. The business can be acquired separately without the freeholds, with an assignment of the current leases. Giving you plenty of options to suit your own unique circumstances.
Don't miss this rare opportunity. Contact us now for further information and to arrange a viewing.
BUSINESS = $700,000 + SAV (approx $100,000)
FREEHOLD 1 = $1,500,000 + FREEHOLD 2 = $2,650,000
BUSINESS & FREEHOLD = $4,150,000 for the freeholds and $700,000 for the Business, including Plant & Equipment + SAV = $4,850,000 TOTAL + SAV
For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://forms.gle/8z159trcPNFmhkvN6
Greece 
