Penrith NSW 2750



Phone enquiries - please quote property ID 04560

Well established business of 17 years, now ready for new owner. With excellent customer base in place and regular clientele, this successful business is now for sale due to owner retiring.

Operating since 1992, this business specialises in machining and milling parts for the transport, earthmoving industry and any machine work required in the engineering industry. Currently run by the owner, who is planning ahead and allowing ample time to assist in the transitional period ensuring a good take-over.

The large workshop is fully equipped with plant, equipment and tools, all in good working order and included in the price. Main items consist of:-

* 2 ton horizontal borer

* Large centre lathe

* 2 centre lathes

* Universal milling machine

* Radial drill and machine any size internal/external keyway.

* Premises available to lease with 2 ton electric overhead crane available.

This business has many regular clients requiring continuous on-going maintenance and new work. Turnover is around $140k - $160k p.a. (with the owner only working 3 days per week). There is a huge opportunity for the next owner to increase the hours and of course income.

The premises provide for good accommodation for the business with large workshop, office, good storage, 2 showers and toilet to be leased with negotiable rent. New owner can be assured of walking into this business and have a good steady work-flow and everything required to continue the business. First class machinist to operate all machines or toolmaking qualifications would be necessary. To find out more, call owner today.

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