68/005 Light Engineering and Sales | New Asking PriceThe asking rice for the building has been reduced due to the factory having been sold separately.
Asking Price $1,000,000 Plus SAV
Family Business that is 100% Australian owned, first established in 1956 and has been operating under the current owners since 1983. Being a preferred supplier for a large number of clients and the sole distributor for specialised wearing and bearing materials the company has a certain future with growth potential.
Suppliers to a large cross section of the market, this company has a secure and long term database with business comes from a regular base of;
• Government bodies including defence, Queensland railways, and power stations
• State and local government bodies
• Public companies
The company is regular distributors for
• Industrial brake and clutch lining
• Spherical bearings
• Wearing & bearing materials
Repeat and new business sources are generally via word of mouth, web site, recommendations and long established customers. Currently the owners have no plans in place for expansion due to their desire to retire.
• Sole agent for specialised wearing and bearing materials.
• Brake and clutch refurbishments and sales of friction material with virtually no competition in theBrisbane area.
• Preferred suppliers to many companies that others cannot even get a foot in the door.
• Owns trademarks of the names of some of the key products they sell.
• Excellent Reputation
• Shop full of Modern Machinery
• Good stock holdings