AD ID: 126330 Inactive

Commercial Ice Machines Manufacture & Wholesale Business for Sale Sydney

Location:
Asking:
$299,000 + SAV
Type:

Price dropped. Genuine offers considered

Commercial Ice Machines Manufacture & Wholesale Business for Sale Sydney

Why buy this Commercial Ice Machines Manufacture & Wholesale Business

Commercial Ice Machines Manufacture & Wholesale Business for Sale Sydney Asking: $299,000 + SAV

Our client has been manufacturing Ice Machines since 1989 & have operated successfully for just on 35 years!

They are Australian leaders in the manufacture of commercial Ice Maker machines & ice flaker machines with a wide range of local & overseas customers.

They have developed a unique feature in their ice making machines that offers a distinct advantage over their competitors.

They also distribute imported industrial flake ice makers.

They sell into a massive & diverse marketplace including wholesalers, fishing, mining & agriculture sectors, retail & restaurants clubs pubs & many more that are too numerous to list here.

There is potential to expand the business into the existing & "untapped" marketplaces.

As industry leaders their repeat business rate is very high - a testament to their longevity & success.


Key Features;

- Established in 1989 still under original ownership.

- Operate from 2 sites: Sydney & Brisbane Market leaders.

- Highly trained & experienced staff.

- Potential to expand into existing & new markets.

- Owner is prepared to assist with extensive handover if required.

- Refrigeration Licence would be a distinct advantage.

- Would suit a refrigeration or A/C technician seeking a "bolt on" to complement their existing business.


WHAT YOU NEED TO KNOW;

- Asking Price; $325,000+SAV

- Turnover; $2,800,000 (2023 Financial Year)

- Adjusted Net Profit; $167,000 (approx.)

- Monthly Rent; Sydney; $8,027+ GST/Brisbane; $5,000+GST (& Outgoings)

- Long Lease available in both sites to new owners.


Further information & financial history will be available after Confidentiality requirements have been completed.