Engineering Business - Transport Sector

$1,200,000 + SAV ($350,000 approx.)

Web ID: M1932

Business Description

At a Glance

  • Operates 5 days per week
  • Located in industrial suburb of Adelaide
  • Manufactures broad range of transport equipment
  • Repairs, services, refurbishes & modifies equipment
  • Vendor looking to retire

This business is located in a heavy industrial suburb of Adelaide located about 15 kilometres from the CBD.

They manufacture a specialised and broad range of transport equipment, many of which are constructed specifically designed to meet the unique circumstances of the client. Every unit that is manufactured is made to order and incorporates not only painting and technical fabrication work but also state of the art work in hydraulics, pneumatics, mechanical and electronics.

In addition to the manufacturing process, the business is also involved in repairing, servicing, refurbishing or simply modifying equipment and vehicles so it does what the client needs. This work may be on vehicles that they have built, vehicles that others have built or that have been imported. The business has a highly specialised team of staff with years of experience in each of their professions.

This business sells specialist vehicles throughout Australia and their services are in constant demand. This is a business that within the broad spectrum of opportunity, barely scratches the surface and the opportunities to develop other markets is exceptional.

Simon Winter 0419 828 689


Extended Price Information

Goodwill including Plant & Equipment $1,200,000
Stock at valuation (approx) $350,000
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$1,550,000

Financial Summary

Year
Sales Return to Owner Return on Owner's Investment Return to Investor Return on Investment
2017/2018 $4,211,797 $224,317 14.47% $109,512 7.08%
2018/2019 $3,641,870 $376,099 24.26% $233,922 15.09%
2019/2020 $3,837,844 $487,634 31.46% $345,458 22.29%
2020/2021 $3,914,222 (annualised) $493,445 31.84% $351,328 22.67%
-The return to owner is a net return to one full time working owner after all expenses and wages but excluding the vendors’ wage.
-The return to an investor is a net return to full time working owner after all expenses are paid and a commercial wage is provided for
the vendor. Alternatively, the return to an investor applies where business is run entirely under management and the vendor is not
involved in the day to day operation of the business.

Staff Summary

There are 17 employees in the business as well as 3 contractors. Both Vendors work in the business.

Lease Summary

Current Rent $9,913.90 per month incl. GST
Lease Term Monthly
Outgoings Paid by tenant
Current Rent
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