Engineering Supplies & Equipment Hire

2 businesses for sale
Can purchase one or both. Freehold or leasehold options available.
The first is a steel & engineering supplies business that has been established for over 20 years. This business retails steel, welding equipment, industrial hardware, power tools, protective & safety clothing & general hardware. They are also a BOC gas agent selling bottled and domestic gas to commercial and domestic customers. They are members of AIS buying group.
It also operates a well equipped engineering workshop (1350sq2) providing structured steel fabrication, general engineering, welding & repairs. Secure lease with negotiable extension terms.
The property features a storage shed & 2 further storage buildings The showroom features and office & staffroom and measures 800sq2.

The second business was established to complement the first. It is an equipment hire business that hires an extensive range of equipment including scissor lifts, dingos, trucks & powertools and hires equipment for building sites such as toilets and site offices. This business is ideal as an adjunct to the engineering business but can also be run as a stand alone business.

There are 12 staff full time & 3 part time staff employed across the 2 businesses. Combined turnover is in excess of $3million.
This is a well respected company with comprehensive after sales service and an excellent reputation.
The business is located 2 hours from Melbourne.
Steel & Engineering sell price $650,000 plus stock at value
Equipment hire business sell price $500,000 plus stock at value
Both businesses sell price $1.1million plus stock at value
Freehold $1.35million

ABM ID: 1936