Business Sold Queensland
Business Category Furniture Manufacturer
SOLD
Description
Long Standing & Well Reputed Manufacturer To The Building/renovation Industry
Key Points
· Averaging - $93k p/w turnover
· Highly respected name within its industry
· Highly skilled and stable workforce
· Excellent supplier relationships – proven through recent challenging market conditions
· Large 6,000 Sqm block – workshops/factory/storage/offices/on-site parking
· Very attractive asking price / asset value ratio
The business is generously spaced over a 6,000 Sqm block. Comprising of a main building housing the raw material storage, manufacturing facility, workshop, office and staff amenities. A second building houses finished product and main office block. Ample and easy access for deliveries and clients as well as staff parking.
This will certainly be of interest to a progressive company with a strategic acquisition plan seeking to enter or expand interests in the burgeoning construction/renovation market.
All templates/tooling used to create the quality outputs are wholly designed/created in house by skilled craftsmen. In a world of labor shortages and a nationwide and long-term lack of ‘trade qualified’ craftsmen, this business stands well above its peers in all regards.
A broad base of clients with a good risk spread (#1 client = 13% of $rev) spanning builders, renovators, architects, shopfitters and even major building/DIY chain brands.
What this opportunity is encompassing by way of good will, assets value, skilled work force, supplier relationships, brand reputation and future growth opportunities makes it an outstanding investment.
It should also be noted that the owners also own the property. This would be a separate opportunity to be discussed in isolation to the above. The owners though have stated categorically that the sale of the business is their main priority but are happy to have conversations with parties seeking to purchase both business and property.
$900,000 + SAV – All genuine offers will be seriously considered. Please ensure that you are in a financial position to purchase this business prior to making an enquiry.
The photos in this ad are not a true representation of the business for sale.
Property Code: 32
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This business is somewhat unique and has no similar competition in this region, category or price bracket.