[SOLD]Highly Profitable Engineering Business – Central Coastal Region, Queensland

This highly successful and profitable engineering business, located on the coast in Central Queensland, has been operating for over 20 years. The business is one of the largest engineering workshops in the region and offers a one-stop-shop to its customers, equipped with state of the art CNC machinery.

The business specialises in the manufacture of quality metal components and general machining works and repairs for the agricultural, mining, earthmoving, waste and marine industries. It also offers industrial blasting and painting for all industries.

Business Highlights:

• Revenue exceeding $3,000,000 per annum
• 16 Employees, including supervisor with over 10 years service
• Assets valued by owner in excess of $1,100,000 included
• Profit to owners of $986,006 per annum (average last 4 years)
• Massive facility on 8650m2, inc 3 large sheds and extensive hardstand 
• Largest blast and paint facilities in region, recent installation.
• Hundreds of work files archived making repeat custom highly profitable
• Potential to move to two-shift roster for a significant increase in revenues

No specific skills or licences are required, however, an engineering background would be an advantage. After 15 years in the business, the owner is now ready to move on to a more relaxed lifestyle.

Asking price is $2,750,000, including assets valued by the owner at over $1,100,000, PLUS Stock on Hand and Work in Progress.