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Efate Tassiriki

VUV 25,500,000
Tassiriki Efate Industrial/Warehouse For Sale -   Tassiriki  -  Photo 1

FANTASTIC BUSINESS OPPORTUNITY VUV 25,500,000

Are you a builder, welder, handy on the tools? If the answer is yes, this is a must see business for you.

This is a fantastic opportunity to own land and a business with a great P&L. Situated close to town and main arterial routes this property is in a prime location. The land size is a generous 2,909 m2 and is fully fenced and gated.

This business was founded in 2009 in Port Vila, originally it was just ran with one staff member and the owner. Now the company hires 3 expats, 4 full time local ni Vanuatu and have occasions to call upon other local boys for some larger jobs.

When the company started, they mainly focused on gates and fencing, security and cyclone prep. They also worked with steel repairs as so often is needed in the tropics!

As the company has grown over the past 8 years, they have expanded into other areas such as stainless steel product line and handrails, bespoke furniture, security doors, fire pits, container refurbishments, trailer manufacturing and palisade fencing.

Currently, Custom Fabrications has ongoing Contracts with:
Azure pure water,
Vanuatu Brewing Limited (Tusker),
Vanuatu Direct,
Hawkins infrastructure.

They are the only company in Vanuatu with a specialist trained in product line replacement so all food/beverage companies use them to maintain international standards.

They have done work for The Holiday Inn, Le Lagon, Breakas Beach Resort, The Ramada and Chantillys on the Bay to name a few of their hospitality clients. They have worked with and for most companies in Port Vila and around Efate and have even done work in Santo and Tanna. They also contract work with the international companies, Hawkins, RMS and Downers on the beautification of Port Vila and the Wharf projects and will continue to work closely with them until the jobs are complete. There is a lot of construction going on in Vila so there are a lot of projects which they do need to source out so there is ample work for future contract work.

This thriving company also does receive rent from another business which is on site so the extra income is also a great benefit.

The business is for sale for VUV 25,500,000 plus stock on hand.

The land and buildings are on sale for VUV 49,000,000

 

Property Snapshot

Sale Price:
VUV 25,500,000
Net Let. Area:
200m2
Property Type:
Industrial/Warehouse
Features:
Business



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