Specialised Manufacturing Business For Sale - Building Products - Sydney
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Adjusted Profit $1.4M to an owner operator. Asking $3,150,000
This very impressive manufacturing business has been operated by the current owners since 2003. The business is well-established and has a respected brand name that sits at the forefront of their industry. The business has a first class manufacturing facility based in Greater Western Sydney with good access to a capable workforce.
The business has a well-spread base of customers retailing direct to the consumer from a number of well located showrooms. The business is presently in a growth phase. Whilst the business is predominantly Sydney based at present, growth into regional centres and nationally is an opportunity for a new owner to explore.
The owner has built up a solid management team with the depth and breadth of knowledge required to operate a business of this size.
The business head office operates from premises in Western Sydney with an employee base of 30 staff. The owner works in the business in his capacity as Managing Director, overseeing the day to day management, reporting and analysis of financials. The other owner works in the business on a part-time basis focusing on marketing.
Turnover of $8,200,000 in 2015 (up 8.8% on previous year)
Adjusted Profits $1,167,000 after allowing for two owners wages (total allowed $260,000 for 2 owners, one only part time)
Gross margins 33% in 2015
Known and well respected brand established over 40 years
Shown growth in revenues and profits with further growth opportunities available
Strong management team in place
Strong customer service culture throughout the organisation
State of the art manufacturing facility with modern plant and equipment
No immediate requirement for any significant capex in the medium term
Well-established customer base
Strongly branded/tailor made/ high margin products
Very minimal advertising required
Potential to operate fully or partially under management
Owners willing to provide training/support
This is an amazing business with some very impressive profits to be made and great opportunities for future growth. To find out more about this great business opportunity inquire today.
Asking Price: $3,150,000 includes plant and state of the art equipment and goodwill.