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Business NO.:
3429851
Status:
Active
Price:
$6,000,000
Updated on:
23/09/2024

Established Structural Steel Business – VIC

Building and Construction | Business for Sale | Melbourne

Business ID: XB154552

Profitable and Growing

For over 20 years, this business has been a leading name in the design, manufacturing, and erection of commercial, industrial, and residential structural steel projects across Victoria. Founded by two industry professionals, the business has built a reputation for delivering excellence, with a diverse client base and consistent financial performance.

Established: Since 1995
Location: Large factory premises west of Melbourne, Victoria (leasehold)
Staff: 32 employees, producing over 2,000 tonnes of structural steel annually
Services: Structural steel design, manufacturing, and erection for commercial, industrial, and residential projects
Additional Revenue Stream: Direct steel sales from their premises

Strong Financial Performance:

- Revenue Growth: From $8.9m in 2022 to $12.8m in 2024

- Profitability: Adjusted EBITDA of $1.4m (2024), with continued improvements in gross and net profit margins

- Gross Profit Margin: Increased from 23% (2022) to 30% (2024)

- Net Profit Margin: Increased from 6.4% (2022) to 11% (2024)

The business has consistently outperformed industry profit expectations, driven by ongoing investment in state-of-the-art equipment, operational efficiencies, and a dedicated, highly skilled team.

The founding owners are seeking early retirement and are ready to pass on this thriving business. They are committed to ensuring a smooth transition and providing support to the new owners to maintain business momentum.

This is an exceptional opportunity for a strategic buyer in the construction or steel industries or an investor looking for a highly profitable, well-established business with a strong growth trajectory.

Why Invest?

- Industry Leadership: Recognized as a top performer in the structural steel and construction industry

- Established Customer Base: A strong, diversified portfolio of commercial and industrial clients

- Efficient Operations: Ongoing improvements in profit margins due to optimized processes and advanced equipment

- Scalable Opportunity: A capable workforce and strong brand positioning create opportunities for further growth

Enquire now to secure this rare opportunity to own a leader in Victoria’s structural steel industry.

Asking Price $6,000,000

Property Code: 4117

For more details, please email broker or call agents.


G14, 1-15 Barr Street, Balmain, NSW 2041