Sold

SOLD! Manufacturer and Supplier of Electrical Elevator Control Systems and Products | ID: 1095

Manufacturer and supplier of elevator control systems and products for sale. This is an incredible opportunity to acquire an established, reputable and niche business. 

Supplies its products to all the major lift companies. The products produced are supplied to a niche market, which is evidenced by the loyal customers who have driven solid demand for the business’ products for 25 years. 

The owner is retiring after 25 years in the business. Businesses like this a highly sought after and rarely available for sale. 

The company employs seven staff members on a full-time basis, not including the owner. There is a high level of engagement in the workplace that is driven by a positive and healthy work environment. 

This has resulted in low employee turnover over the years, with most employees being with the business for over 20 years. 

The business has configured its operation to drive efficiencies and offer a vertical integration with design, software, circuit board assembly (SMT line) and final controller construction done internally. Defective boards can be repaired within minutes at the Sydney factory. The business has demonstrated its resilience during the COVID-19 pandemic with continued and stable sales as well the fact that no layoffs were instituted or JobKeeper payments required by the business. 

If you would like to know more about this business please complete our online confidentiality agreement here: https://www.abbabusinesssales.com.au/ca-forms/ca-form-1095 or visit our website www.abbabusinesssales.com.au and use reference #1095 to search for the business.

 

Please note: A stock image has been used and does not reflect the actual business for sale.

Suburb Matraville
Price SOLD
Property Type Business
Property ID 1095
Category Industrial/Manufacturing, Industrial/Manufacturing, Services

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