$150,000 + SAV
- ID Ref #1P0699
- Suburb Newcastle
- State NSW
- Status For Sale
Business DescriptionThis business manufactures and supplies cutting drill tips and bits for mining equipment.
The tools are designed and assembled ( minor welding) in Australia. The raw materials are Manufactured both locally and in China.
The business requires very little effort to produce exceptional profits with assembly taking only a few seconds for each unit.
The production process requires about 6-8 hours per week. Supplying well proven and highly desirable mining machine consumables.
Client list includes blue chip companies that pay on time and require constant replacement of parts.
The current owner has chosen to supply to a select few clients and the entire industry would love to get their hands on the product range. So there is unlimited potential to grow your market and output.
The Owner is looking to retire and handover the reigns to a new owner, including custom manufacturing processes and unique designs and introductions to suppliers and clients.
Amazing profits from very little work, this business would make a great additional to any engineering businesses in the region.