High Margin Product For The Building Industry

Business Sold Brisbane QLD Region, Queensland

Business Category

SOLD

Description

High Margin Product For The Building Industry

This business manufactures a specific product used in the building industry which is sold via a B2B distribution network.

The product is simple but patented and can be used in a large percentage of new buildings as well as renovation projects. It is easy to Manufacture but requires high value machinery which is included in the sale. Once manufactured, the product is packed and marketed to trade and retail customers via building supply companies. Current sales and distribution are profitable but only represent a small percentage of the total addressable Market.

• Profitable product with established revenue stream
• Scalable manufacture and Large Addressable Market

The product is manufactured by a third parties in Australia using commonly applied manufacturing equipment which mitigates manufacturing Capacity constraints. An incoming owner could choose to maximise margin by manufacturing in house or outsource manufacturing to an overseas Supplier and spend their time on business development opportunities.

The business operates from a factory warehouse in a location central to SEQ but could be run from anywhere in Australia. Product Is produced off site Then packed in house. Warehousing and distribution is fairly straight forward and could easily be done via 3 party logistic arrangements if desirable. A small team including the owner is all that is required to run the business although a dedicated salesperson to drive sales would add real value.

Asking Price $395k + sav
Contact Seller
Alan Minshull

Bsale ID: 623782
Broker REF: insight300

Business Brokers Network Australia