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Listing Id: 35204 Last Refreshed: 16/02/2025 1111 Views Agent Ref: 23385

PRICE DROPPED GENUINE OFFERS CONSIDERED! COMMERCIAL ICE MACHINES - MANUFACTURE & WHOLESALE

Expired
Asking Price $299,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
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Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
N/A

Business Details

Reason For Sale

NA

Description

FIRST TIME OFFERED SINCE 1989 RARE & OUTSTANDING OPPOPRTUNITY!

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.
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