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Foundry Manufacturing Business/Freehold For Sale - $5 mil Revenue (Our Ref: V1781)

Foundry Manufacturing Business/Freehold For Sale - $5 mil Revenue (Our Ref: V1781)

Available Now $4,950,000 - Industrial/Manufacturing

 Victoria  West Print this page

- One of Australia's most trusted and reputable foundries, with an 80 year history of success
- Consistent revenue circa $5 million per annum, and with $1.5 million of Work in Progress^^
- Cast iron and steel manufacturing business, includes freehold with land size of 9,954 sqm
- Loyal client base, specialising in the mining, quarry, brick-making and pump industries
- Diversified client base, with top 3 customer relationships in place for over 30 years
- Experienced team of capable staff in admin, sales, production, finishing and labourers
- Agile supply network, allowing procurement through various suppliers to ensure continuity
- Established systems, procedures and processes to ensure the highest quality assurance
- Experts in Electric melting, spectrometric composition analysis, computer method simulation
- Working with local pattern makers to develop and produce high quality metal castings
- Substantial list of Plant and Equipment, Mixers, Forklifts, Cranes etc included in the sale
- Vendor will provide adequate training in order to successfully transition the business
- Genuine owners seeking retirement after a very long and successful business journey
- A unique business and property opportunity in a niche industry, express your interest today.

^^Work in progress figures at time of writing
**Exclusive to Paramount Business Brokers (Our Ref V1781)
**Some Images Used for Illustration Purposes Only

“The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business.”

Business Specialist: Fred Samoun

Fred’s business journey began in the early 90’s - and since then, he has had his sights firmly on the business landscape in one form or another… over the past 30 years; Fred has owned and managed several successful businesses throughout Melbourne and interstate. This led into a natural progression into the business broking world. For almost 20 years, Fred has specialised in the Sales, Merger & Acquisition space of SME businesses of all sizes, and across various industries. Fred has listed and sold approximately 500 businesses throughout Melbourne - Victoria, varying from manufacturing, hospitality, retail, industrial, foodservice, transport, wholesale and distribution… achieving many accolades along the way, he has built fantastic relationships and rapport with clients, advisors, vendors and purchasers, utilising his many years of professionalism, integrity and respect for others. Fred is also humbled to have been awarded the 'AIBB - Business Broker of the Year award' for 2020, a revered award won by Fred amongst a formidable field of Australia's best business brokers. Fred is also an accredited ‘Certified Practicing Business Broker’, a board member of the AIBB (Australian Institute of Business Brokers), and Certified Licensed Estate Agent REIV (Real Estate Institute of Victoria). For a confidential discussion in relation to buying or selling a business, feel free to contact Fred to arrange an obligation-free meeting.

  • Office : 03 9021 9888
  • Mobile : 0417 319 873
  • Fax : 03 8692 8635
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