Two top properties in an established industrial area plus a leading manufacturing business.
- Listing Type: Commercial Property For Sale
- Property ID: 3648
- Offer type: For Sale
- Suburb: SOR Industrial Estat
- Region: Perth and Peel Region
- Property size: One of the properties provides 850m2 of manufacturing space plus offices and is located on 1800m2 of land. The other, which is situated on 3000m2 of land, has an 850m2 workshop plus offices. m²
Details
$7.2m will get you two developed industrial properties worth $1.7m and $2m and a market leading manufacturing business which continues to earn in excess of $1 million after management costs
One of the properties provides 850m2 of manufacturing space plus offices and is located on 1800m2 of land. The other, which is situated on 3000m2 of land, has an 850m2 workshop plus offices. The properties are in a well-established industrial area close to freeways and major arterial roads.
The long-established Perth-based business which occupies the premises, operates under management. It is a market leader in its field. And with its increased presence on the Eastern Seaboard and a concerted sales drive in WA, the business is well placed to benefit from the new Federal Government’s commitment to boosting infrastructure spending.
The business is the preferred manufacturer of a number of major dealerships and other suppliers of equipment to a broad range of industries. It benefits from long established business relationships with these major suppliers but increasingly supplies safety and other equipment directly to end users. Among the sectors using its products are hire, construction, infrastructure, forestry, industry, agriculture, government, property development, emergency services, communications, long haul transport, water cartage and mining.
It has a stable workforce of 20 operating from two workshops located in a well-established industrial area close to freeways and major arterial roads. Manufacturing and installation are undertaken in accordance with proven systems and documented procedures.
The company’s enviable reputation is based on many years of experience in satisfying the stringent quality and safety standards demanded by a broad range of industries in Australia. Achieving the required quality and safety standards for this equipment can take years – a factor which acts as a formidable barrier to entry for potential competitors.
Buoyed by its ability to supply equipment quicker and at a lower cost than competitive suppliers, the business has opened an office in NSW to drive its growth in markets outside Western Australia. Currently, it is focused on exploiting several new growth opportunities in WA and nationally. Importantly, the vendor is prepared to mentor and, if required, consult to any new owner.
This is an ideal opportunity for companies looking for acquisitions that will help them access new customers, enter new markets, achieve improved economies of scale, increase market share or acquire additional manufacturing and installation staff.
The Perth-based business is being offered for sale for $3,500,000 including stock and plant and equipment. This represents an ROI under management of over 30%.The industrial properties, located in a well-established area with excellent transport links, are also available for purchase if required.
For further information please contact Richard Mott of leading Perth business brokers, Ellis Corporate.
- ID: 3648
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