Hobart, Tasmania 7000
SOLD
Key Features
AI generated. Contact seller to confirm.
- Manufactures and installs building products
- Exclusivity over a renowned European brand
- Experienced workforce of 26 employees
- Strong client relationships and reputation
- More than 6 months of future orders
- Easily operated under management
- Turnover: $1.6 million
- Net Profit: $1,617,543
- Rent/Lease: 7+5+5 year lease from October 2021
- Stock Value: Not disclosed
- Established: Over 30 years
Business Details
Business Category Building and Construction
This Highly profitable business manufactures andinstalls 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 initially3 employees to itscurrent workforceof 26. This business has exclusivity over a globallyrenowned 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.
• Reliablesupply chain relatively unaffected by COVID-19.
• Easilyoperated 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 0003
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This business is somewhat unique and has no similar competition in this region, category or price bracket.