Engineering Business Sydney North

Price: $2,975,000 + Stock

Highly regarded and long time established business on the North Shore with proven record

Key Sale Highlights

Owners wish to retire. Extensive training and support available to ensure smooth transition.
Est over 50 years- Tax returns available for due diligence
Solid revenue base with 80% sales from repeat customers. No marketing is done.
Average EBITD in excess of $800K pa after owner wages
Premises owned by Vendors- long lease and flexibility available.
5 days only

Proudly listed by Roy Levy from Core Business Brokers

Business Overview

Highly regarded and long time established business on the North Shore with a proven track record.Their customers (B2B) are spread out into diverse industry sectors and are provided with a high level of service on a regular basis. Excellent P&E that has been independently valued in excess of $1.3 Million.The company runs seamlessly with experienced staff and good systems in place.

Key Features:

Genuine reason for sale – owners wish to retire. Extensive training and support period will be available to ensure a smooth transition and minimal disruption for an extended period.

Strong well-established name that is respected in the industry by customers and competitors alike.

Customers pay promptly thus ensuring minimal working capital requirements.

Solid revenue base can be demonstrated over many years and even through the recent Covid affected years.

Extremely profitable business with sound financials and tax returns available to support the figures – excellent cash flows. Balance sheet shows retained earnings of close to $1 Million despite healthy dividend distributions to the owners, which reflects the sustained profitability and strength of the business over many years.

Premises owned by an associated company – a long lease is available as well as expansion possibilities.

The ability to produce a wide and varied range of precision components to a high standard of quality.

5 days only Mon-Fri