Steel of the Century
This steel importing and specialty retail business is one of a kind.
A an excellent opportunity to acquire a resilient, COVID-proof business with consistent financial results with a strong pipeline of future revenue. This well regarded business has a list of enviable clients within a niche market, thus little competition.
This very successful and profitable business specialises in in the sale of structural steel, specialising in the steel resale market.
The buyer would be one with a keen interest in the steel industry / rural products, and is ready to take it to the next level.
One of the owners would be willing to continue in the business if of interest to the buyer for a period of time.
Key acquisition highlights:
- Trusted and reputable business established for many years.
- Consistent sales results through
- FY22 - $5.8m
- FY21 - $4.5M
- FY20 - $4.6M
- Repeat contracts through loyal customer base
- High net profit of $500,000+ for one Owner Operator
Asking $790,000 + SAV (approx. $1.2 - $1.5M currently)
Plant & Equipment included in asking price, worth approximately $100,000.