Stainless Steel Manufacturer & Installation

Victoria, Australia
 

Asking Price
$4,750,000


Stainless Steel Manufacturer & Installation

Pharmaceutical Specialist –stainless steel manufacturer & installation

Tapping into one of Australia’s largest and most lucrative industries, this Melbourne business specialises in the manufacture and installation of process piping for a core clientele of blue-chip pharmaceutical companies.

Established in 1993 the business is the market leader in the Victoria with its quality workmanship and outstanding reputation ensuring a high success rate in the tendering process. The few other operators with whom it competes cannot match its expertise or superior project delivery.

Pharmaceutical companies operate in strict adherence to established safety guidelines and will only use a trusted supplier to manufacture and install their traceable process piping. As a result this business enjoys the enviable position of being a key service provider to a massive, growing industry.

Some quick facts about the size and strength of Australia’s Pharmaceutical Industry –

• Has a turnover of $17 billion annually

• Australian pharmaceutical exports have increased from just over $100 million in 1984-85 to reach $3.9 billion in 2007

• The pharmaceutical industry is one of Australia’s leading exporters in the manufacturing sector

• Employs 34,000 people across at least 300 firms and institutions

In addition to the pharmaceutical customers, the business undertakes some other work to further diversify its revenue base. From stainless steel kitchens to handrails, it has the capacity to deliver on a range of other projects – commercial, industrial, domestic, and architectural - providing an excellent source of additional income.

Its premises are located in an industrial area only five minutes from the airport. Close to several of its major clients, it’s a perfect base of operation for the business with the facilities including office and manufacturing space spread across two adjoining factories. A lease is available for the new owner or the freehold can be purchased in addition to the asking price.

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