The business was a division of a larger group that was sold last year. The owner invested significant capital in setting up the CNC manufacturing division over the last 5 years, as there was a succession plan in place that has now changed, leaving him with the desire to sell.
The owner wants to hand over the business prior to the lease being renewed in October 2026 and is highly motivated to ensure a smooth transition of ownership takes place.
Key snapshots:
The CNC Machining business is priced for sale at $3,900,000 (below asset value).
There is also an associated armament manufacturing and web sales business operating from this facility, so the premises is a Weapons Licencing Queensland approved location. The owner may be open to selling the armament business in addition to the engineering business.
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