08 8361 3074

Wholesale & Retail Metal Fabrication Supplier

$450,000 + SAV ($200,000 approx.)

Business Description

Known throughout the industry, this business has been serving the needs of stainless steel and metal fabricators in Adelaide for 49 years. Taking over from their father in 1983, the current owners will transfer a wealth of knowledge, skills and clientele to a new owner.

As a major stockist of discs, belts, safety gear, electric & air tools, industrial supplies and machinery from the trusted big name brands including Flexovit, 3M, Metabo, Bosch and Mikita, the business has long term clientele throughout the industry including Cavpower.

The business consistently shows yearly sales in excess of 3 million dollars with the warehouse operated by three employees in addition to the two vendors. Assistance with transferring long standing supplier arrangements is offered by the vendors helping ensure minimal disruption to trading.

The business will need to be relocated from the current premises. Ideally the new owner can relocate immediately, however the vendors are offering a lease package by negotiation in assisting with transferring to a new premises.

At a Glance

  • Operating for 49 years
  • Known throughout the industry
  • Currently located in the inner Western suburbs
  • Annual sales in excess of $3M

Paul Windle 0410 394 254


Extended Price Information

Goodwill including Plant & Equipment $450,000
Stock at valuation (approx) $200,000
$650,000

Staff Summary

The business currently employs 2 casual and 1 part time employees along with the 2 full time working owners

Lease Summary

Current Rent $75,000 per annum incl. GST
Lease Term Negotiable
Lease Commencement Date of Settlement
Right of Renewal Nil
Outgoings Paid by the tenant
Adjustments CPI Annually

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