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Manufacturer Of Heavy Trailers And Semitrailers

$950,000 plus SAV

Sydney Streets Region, New South Wales

Manufacturer Of Heavy Trailers And Semitrailers

An amazing well-established factory business to acquire manufacturing custom designed heavy trailers for trucks in NSW.

For over 20 years, this highly profitable New South Wales-based company made a massive reputation within the trailers for trucks industry. It is currently the industry leader offering in-house design for various and unique range of trailers for trucks. Factory operates from 2 locations and fully equipped and with optimum level of stocks.

Features of the business
• All New orders waiting period of minimum of 8 months.
• Currently owner operator, however merger/acquisition, investor is an option.
• Over $1.7 million worth of ongoing orders. Fully booked till Jan 22.
• Staff are experienced and well trained in both the factories along with apprentice.
• Fully equipped with required machinery and in-house painting booth.
• Owner is willing to continue as an employee if necessary.
• Average sales for last 3 years are over $2 million - moving north swiftly, 2020 was tad slow due to lockdown, this year expecting sales over $3million.
• All required certifications are in place.
• All IP will be part of the sale along with digital marketing presence and trading name.
• Sales revenue over $2million net profit before tax is $240,000/PA approximately with addbacks under management, owner operator over $320,000 before tax.
• This business can be moved, however new lease available to suitable parties at both the places.

A business like this one is seldom to come up for sale and it is a great opportunity for someone looking to grow by strategic acquisition or someone looking for a strong investment.

Potential
• Merge with bigger automobile accessories manufacturers.
• Increase number of employees to enhance production capacity to increase sales.
• Have a proper admin and marketing set up (currently a one-man show)
• Tie-up with big companies to make it an international brand.

Note: No earn out option

Cost to Acquire
• Asking price = $950,000
• 3 months rental Bond = $52,000
• 1 month Rent= $14,000+GST
• Stock= $150,000 + or – 20%

Listing ID: NSW09975

Broker: Gilraj Venkatappa
Phone: 0401744199
Email: gilraj.venkatappa@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09975

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Ref: NSW09975
Timestamp: 20210729030108

Business Links / Tools

Last updated: 29th July 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Sydney Streets
State
 New South Wales
Price
$950,000 plus SAV
Category
  • Truck

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Agency

Contact

Gilraj Venkatappa