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Listing Id: 25705 Last Refreshed: 18/05/2023 Total Views: 1950

Well-Known And Respected Camshaft Grinding Business

VictoriaMetals Manufacturers
Asking Price: $150,000
Business For Takeover
Look For Investor
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental $2,300
  • Rental Desposit N/A
  • Revenue $41,666
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Retirement

Description

**UNDER OFFER**

Established over 20 years, Clive Cams is a very well-known and respected business that specialises in camshaft grinding, reconditioning old, and manufacturing new camshafts.

Located in Ferntree Gully, the team at this business has been helping drivers get the most out of their engines by not only supplying professionally designed and ground camshafts but also assisting the engine reconditioning industry and individual driver with reclaiming, refurbishing, and repairing existing camshafts.

As well as offering a range of new cam followers for sale, Clive Cams are able to reface existing flat tappet cam followers and certain types of rockers.

Using the Audi Pro cam checking machine, Clive Cams is able to identify the specifications of any camshaft to provide clients with a detailed report.

Turning over $500,000 pa with rent at $2,300 PCM inc GST with a New Lease available.

Trading 5 days a week Monday - Friday 8 am - 4:30 pm.

The owner currently works in the business FT with the support of 1 FT Admin staff and 2 PT Factory staff members.

This business thrived during lockdowns and continued to operate bringing in more business than ever.

The current vendor is happy to provide training and a transition period to a new buyer to ensure a smooth handover. Consulting beyond settlement is also an option if the new owner is interested. The current staff is aware of the sale and open to discussions of staying on with a new owner.

For more information and to organise an inspection contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.

Ref: B14213

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