Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
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.
Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.
All communications, agreements, transactions, disputes and claims are solely between the relevant parties.
Learn how to avoid scams
Australia