Summary
- Asking price:
-
$1,250,000
(Furniture / Fixtures included)
- Sales revenue:
- $2,500,000
- Net profit:
- $250k < 500k
- Years established:
- 1994
- Employees:
- 60 FT
Business description
The company mainly supplys series stainless steel products and a variety of wire mesh machines for producing of welded wire mesh, expanded metal, barbed wire and other products. The company has established good and long-term business relationship with some customers in the USA, Italy, Ukraine, Singapore, Thailand, Dubai and other countries.
Property information
- Real Estate:
- Lease
- Lease terms:
- Brick Built Building in good state of Repair. Long lease available. Rent: $150,000pa
- Location:
- Well located in busy industrial area.
Other information
- Expansion potential:
- Founded in 1994, the compant has achieved constant development in the past years and have now grown into a comprehensive company involved in production and export of series metal wire mesh and other hardware products.
The company has capacity and space to develop into many other areas of wire mesh production. The company produces may different type of mesh including (stainless steel wire mesh square woven, Dutch woven wire cloth, welded stainless steel mesh, hexagonal wire netting in stainless steel, stainless steel crimped wire mesh, stainless steel filter mesh, stainless steel screen for mine and other applications); iron wire mesh series (galvanized iron square wire mesh, hot-dipped galvanized welded iron wire mesh, electro galvanized welded iron wire mesh, PVC coated welded wire mesh, chain link fence, wire mesh fencing, razor wire mesh and barbed wire fences); wire series products (stainless steel wire, annealed wire, electro galvanized iron wire, hot-dipped galvanized iron wire, cut wire, baling wire, etc.); series expanded metal products; series window screen products
- Competition / Market:
- A few other similar do exist in the country, but there is little direct competition.
- Support & training:
- Owner will stay on to give training and introductions to existing clients.
- Reasons for selling:
- Owner unable to give commitment required to build the company.
- Trading hours:
- Mon-Fri 8-5pm
- Furniture / Fixtures value:
- $1,250,000 (included in the asking price)
- Inventory / Stock value:
- $150,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.