Bearing and Power Transmission Supplier / Repairs

Accessories/Parts Automotive Automotive Parts Mechanical Repair Repair Service
$ 155,000
$155,000

TURNOVER: $500K – UNLIMITED POTENTIAL FOR OWNER OPERATOR OR INVESTOR

This is a standout opportunity for an investor seeking to grow the business and gain more market share across the Mid North Coast.

With a 40-year history of steady growth, TORQUE TECH would also suit a mechanically minded person with a passion for the industry.

Future opportunities are endless with the rapid growth of the region – and major projects, such the Oven Mountain Hydro project at Kempsey.

BUSINESS HIGHLIGHTS:

Established as Eastland Bearings 40 years ago with ongoing growth and development
Account customer base established with return clientele
Strong client base, including timber mills, concrete plants, asphalt plants, all mechanical-type businesses, Birdon marine, ALL shire councils, plus walk in customers
Government negotiations already in play to supply the Oven Mountain Hydro project at Kempsey
Outstanding reputation built on quality work, longevity and range of clients
Spacious (480 sqm) industrial space with workshop, office, show room, off street parking for customers and easy access
2-year lease just renewed – Assets ($25K) and Stock ($130K) included in sale
Ongoing marketing includes Local search website plus adverts on social media and Google, Email marketing, Brochures and flyers mailed out across Mid North Coast
2 x F/T staff and 1 casual in place – Business can run without the owner on-site
Training can be negotiated – ideally a full-time staff member will stay on with the new owner

PRICE: $155,000

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