Specialist Building Products Manufacturing and Installation Business For Sale - Sydney
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Business ID: BS9508
Profits to an Owner Operator over $1.0 M pa - Asking Price $2.0 M plus SAV.
Established by the current owner in 2007, the business has secured a reputable position as a mid-tier business in the supply and installation of engineered bench top product to the building industry.
The business supplies bench-tops, splashbacks and decorative walling to the following customers:
• Commercial - Office and Shop Fitters
• Kitchen Companies
• Home builders - Project homes and custom
• Direct to consumers and home renovators of $5.8M in 2018 FY
• 12 years history in the industry
• Strong brand name and reputation in the industry
• Known for providing reliable service
• Profits to owner $1.0M
• Revenue of $5.8M
• Strong and sustainable margins in the area of 40% +
The owner will do what is required to ensure a smooth handover and transition to the buyer. He will also be happy to assist a new owner in developing a business plan to grow the business beyond current levels.
The business has opportunity for further growth. A strategy for growth will only be constrained by being able to attract and retain key trades and having the right management team in place. The business has grown well in excess of present owners comfort level and he has been unable to find the right manager to assist in this area.
This business can be scaled and would ideally suit someone with a knowledge of the building industry and some project management skills.
Asking Price: Asking $2,000,000 plus Stock and Value around $400,000.