Manufacturing for sale, Melbourne VIC
- Asking price
- $1.9m
About the business
A long-established engineering and general machining business operating for over 80 years in Melbourne's northern suburbs with approximately $1.74 million in annual revenue and adjusted net profit of around $590,000. The business is Australia's only provider of nickel build, a specialist metal restoration process serving diversified blue-chip clients across mining, food manufacturing and packaging sectors, with mining accounting for 60 to 70 percent of revenue.
The business operates without advertising, attracting new clients unsolicited with a 95 percent quote acceptance rate. Work comprises 70 percent repairs and maintenance and 30 percent component manufacture. With no domestic competition, clear growth potential, and both working owners prepared to stay for transition, this represents a unique, non-replicable capability in an established market.
Day to day
- Reason for sale
- Both working owners selling to retire
AU