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Buy Chipstar Australia wood chippers and industrial composters

Industrial/Manufacturing - Manufacturing/Engineering Businesses for Sale in Kilsyth, VIC, Australia

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Title: Chipstar Australia wood chippers and industrial composters
ID Number: 13068
State: Victoria (VIC)
City/Town/Suburb:KILSYTH VICTORIA 3137
Listing Type: Businesses
Categories: Industrial/Manufacturing - Manufacturing/Engineering, Industrial/Manufacturing - Machinery/Metal, Home/Garden - Homewares/Hardware
Description: Chipstar Australia is a family owned company based in Melbourne,Victoria which has been in business since February 2000. It has gone through a period of intense restructuring and is now operating at a small profit and is ready to launch into the next phase of profitability .The foundation has been well and truly set with an extensive range of products mentioned below.
The company designs, manufactures, imports and services a whole range of wood chippers from domestic to commercial sizes, powered by engine and by electric and pto driven.
It has the sole distribution of Linddana (Danish), Negri (Italian) and Heizomat (German) wood chipper products .
In addition it has been manufacturing its own brand of chippers since the year 2000 and has the exclusive rights to the Vortex drum system from the U.S.A. .
The company also operates a fence mulching and chipper service out of Melbourne.
An exciting new product line has been introduced from Kollvik in Spain, commercial composters for organic material such as foodwaste. Dealing with waste is becoming more and more a serious problem and the Government authorities have only just started to think about how to deal with this. Chipstar is the sole agent for this patented product. Furthermore it is the only unit of its kind to be approved by the European Union.
For further details of all products go to www.chipstar.com.au
As regards structure of the company it has been reorganised to provide maximum flexibility .The factory is rented on a month by month basis. Chipstar has been in this 600 sq metre factory for 9 years.
The staff consist of the owner and his wife, a very competent design engineer and an admin lady. All other labour comes from regular contractors.
The company employs a marketing company which also looks after the website and facebook blogs.
The company has a deferred tax asset of A$1,155k as a result of losses occurred in the early years of operation. This is in addition to a net asset position.
The owner and sole director needs to relocate back to the U.K. for family reasons.
Price: $ 600,000.00 WIWO
Stock Value: $ 133,000.00
Net Profit: Upon application
Turnover: $ 500,000.00
Accounting Figures FY: 30th June 2019
Lease Terms: Month by month, 3 months notice
Rented Area: 600m2
Trading Hours: 7.30 to 5.30 Monay to Friday
Map of KILSYTH VICTORIA 3137, AU

Contact: Mr Stephen Westoby
Chipstar Australia Pty Ltd
Phone: 0061 3 97614486
Mobile: 0061405189851
Email: [email protected]
Web Site: www.chipstar.com.au