Specialised Manufacturing Business - Building Products - Sydney

BUSINESS FOR SALE ID #263

$3,150,000

ASKING PRICE

$8,200,000

ANNUAL TURNOVER

$1,400,000

ANNUAL PROFIT

Asking price: $3,150,000

Annual turnover: $8,200,000

Annual profit: $1,400,000

Price includes: All Equipment, Plant, Vehicles & Goodwill

Location: Sydney

Business sector: Manufacturing

Key features

  • 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
  • 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

Business for Sale description

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.

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.