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Sth East Queensland based Manufacturing Business - Sales of over $8.5m pa

$2,600,000

Brisbane City, Queensland

Sth East Queensland based Manufacturing Business - Sales of over $8.5m pa

One of Queenslands leading manufacturers and distributors of domestic home improvement products is on the market after 30 years of ownership from the current director and founder.
This outstanding business has a solid management team in place and virtually runs under management with the current owner only involved on a passive basis. With QLD residential investment set to grow strongly into the foreseeable future this business has very steady growth prospects.
Blending customised local manufacture with low cost imported products and components yield a significant competitive advantage in the Australian marketplace. While the business could not be called a monopoly Australian market supplier, it is arguably the dominant supplier of its products in SE Queensland.
After 30 years of success and attaining iconic status in his industry, the current owner is now set to retire and has engaged Morgan Business Sales to market his 100% shareholding in the business.
Sales Revenue $8,679,935 (2020), Projected Revenue $9,796,666 (2021)
EBITDA $655,257 (2020) , Projected EBITDA $821,668 (2021)
Plant and Equipment Market Value $602,127
Stock $1,282,736

Sale Price $2,600,000 for 100% Company Shareholding

Includes all Plant & Equipment & all Stock

A comprehensive Business Information Memorandum is available to approved parties by completing our confidentiality agreement using this link https://forms.gle/nrdUgk5Wfzs6aG1Z6

Business Links / Tools

Last updated: 18th December 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Brisbane City
State
 Queensland
Price
$2,600,000
Category
  • Manufacturing/Engineering

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Business Brokers Network

Business Brokers Network

Contact

Dru Morgan