SOLD! Long standing manufacturing business  little direct competition– Under management profits to owner $350K+ – Central Coast

Based on the Central Coast of NSW this business primarily provides products and services to Tier 1 builders ($1bn+) undertaking building construction in the Sydney, Newcastle and Central Coast markets.

The business is one of very few in the area that has equipment in place to fully process its core product to maximise sales revenues / profits and minimise lead times.

BUSINESS HIGHLIGHTS

    •    Established over 35 years
    •    Current owner 26 years
    •    Extensive inventory of modern plant and equipment
    •    Rarely loses business on price and still makes strong profits
    •    Capacity exists to undertake large projects beyond the capability of many competitors.
    •    Experienced staff and proven systems in place
    •    FY 18 revenue $3.5m
    •    High profile customers undertaking major projects
    •    Significant opportunity for further growth in revenue and introduction of new products

The owner wishes to see a successful transition to new ownership. The current manager may be willing to work with the new owner of the business on a Consultancy basis as required.

This is an outstanding manufacturing business with excellent prospects ahead of it from its existing client base and from potential supply of existing products to new markets. There is also an opportunity to use the existing plant and equipment to diversify the range of products produced.

The business would suit either a hands on owner or an investor looking to run the business under management

Asking Price: The business is for sale for $900,000 plus SAV. The price includes Goodwill and equipment assets as owned by the business.