The Only One of Its Kind Custom Bending Pipes
Nerang QLD, ID 237841
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Description
What a distinctive, niche operation, well suited to an owner-operator seeking a profitable and specialised trade business with strong barriers to entry.Revenue$207,383Net Profit$121,548PotentialA new, energetic owner could take advantage of natural growth following the exit of the only competitor in the market, which is expected to add approximately $48,000 per annum in additional revenue. This places the projected annual performance in the order of $255,000 for the next 12 months. This represents a strong return profile relative to the asking price.SkillsTraining will be provided by the current owner. Basic knowledge of pipework and metal bending would be advantageous.HoursMonday to Friday, 8:00am to 3:00pmLeaseNew lease available with favourable termsLocationGold Coast industrial areaEmployeesOwner operated, no additional staff requiredReason for SaleRetirement after 36 years of operationAbout the BusinessThis is a niche manufacturing and fabrication business with more than 36 years of established trading history, including an additional 10 years previously in gate construction, resulting in a combined 46-year operational background under a single owner.The business specialises in custom pipe bending and made-to-order Australian manufacturing services. It has developed a strong reputation over decades and now benefits further from the exit of its only direct competitor, positioning it as the sole provider of its type in the region.The operation is simple, low overhead, and highly specialised, with consistent demand from repeat and referral customers. The current owner operates the business on a part-time basis of approximately six hours per day, five days per week.The workshop is fully equipped and located in an industrial facility on the Gold Coast. The business is well suited to a technically minded operator seeking to capitalise on existing goodwill and further grow output through increased capacity and marketing.HistoryEstablished over 36 yearsSale Price$230,000 plus SAV ($30,000 to $40,000)
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