This business has been established for many years and its main revenue stream is from machining work,specialised welding and the manufacture of jigs. With the extensive plant, equipment and design facilities along with the Manager's experience with turnkey shutdown work, it would provide an opportunity for further diversity and growth.
This is expected to grow in areas in South Australia due to anticipated development in mining, defence and desalination opportunities which are incuring an expected upturn in maintenance work. The owners will experience the rewards this business offers.
The plant and equipment has been valued at auction realisation value of $655,710 and the current owners are seeking offers around this figure.
There is an opportunity for vendor finance to a prospective purchaser.
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