Business Sold Hobart, Tasmania 7000
Business Category Building and Construction
SOLD
Description
Installation & Manufacturing Business In Construction Industry Net Profit $1.6 Million
This Highly profitable business manufactures and installs state-of-the-art building products mainly servicing the southern Tasmanian market. Well established and with a fantastic reputation, this business has experienced tremendous growth having gone from initially 3 employees to its current workforce of 26. This business has exclusivity over a globally renowned European brand of building material. The business has the opportunity to expand its market reach to capture a larger share of the growing Tasmanian market for home building and renovation.
Some key points include
• EBPITDA of $1,617,543 in the 2021 financial year.
• Excellent client relationships and a fantastic reputation for delivering quality results.
• Highly profitable with more than 6 months of future orders already in place.
• Competent and loyal workforce.
• Reliable supply chain relatively unaffected by COVID-19.
• Easily operated under management with the owner willing to stay on to help train a new General Manager.
• 7+5+5 year lease from October 2021 in fantastic purpose-built premises.
Don't hesitate to get in touch for a confidential discussion as this business will not last.
A comprehensive information memorandum has been prepared for this business as well as accountant prepared financials.
Mark Bent
TA00206
Phone: XXXXXXXXXX
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES 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: TA00206
Timestamp: XXXXXXXXXX 0046
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This business is somewhat unique and has no similar competition in this region, category or price bracket.