SOLD! Steel Sales, Processing and Fabrication Business with Erecting Licence – SE QLD

The business offers a large array of services in Steel, Stainless Steel, and Aluminum products and services. From Supplying to Fabricating via selling pre-made Steel solutions, the business caters to all needs of all industries. The business was conceived with a great deal of ingenuity, not only thinking of all range of services but also engineering an internal system and process to deliver a high standard bespoke service all along the customer’s journey, Pre-sale to Post sale. Another indicator of the company’s culture can be demonstrated via the recruitment method of the key people, its sales processes, the roles description, the highly functional organizational chart and the coordination and interactions of each of those roles alongside the production process.

Marketing has been used to support the growth by organizing very specific steel products and supplies campaigns with keyword searches in mind.

Business Highlights:

• Over $6.2M turnover
• Close to $1M worth of Assets
• A product list displayed on the website and in catalogue
• Profit at $898k in FY 22 and growing
• Key People head hunted by the owner
• Every function of the business has fully engineered processes to support the Client’s Experience
• Importing 30% of steel from overseas via an informal consortium
• Growth in FY 22 due to synergy of cumulative company improvements
• Equipment, Machinery and Vehicle making Production Efficiency sustainable – Company selling to a large array of industry players
• D I Y and cash sales are bringing positive cash flow in the business
• B2B side of the business provides larger projects

The owner is prepared to stay for a period to ensure a smooth succession.

The owner of the business is holding a supervising role for most of his working hours and a substitute role to the Sales team in case of overflow of quotes. In an effort to remove himself from the day-to-day operations, the owner has developed strong processes, systems, and roles. Therefore, this business could suit either a non-industry expert investor willing to be part of a growing Steel business with many business opportunities (highlighted in the Full Information Memorandum), but it could also suit industry players wanting to establish themselves in SEQ or simply acquiring the large array of services that the company offers.

Asking Price: Expression of Interest – Offers Over $2.6M + Stock + WIP