UNDER CONTRACT - Brisbane Stone Benchtop Manufacturing & Installation Business

Building and Construction Manufacturing/Engineering
BRISBANE

Established for over 34 years, the company is now on the market and for sale. Manufacturing Businesses supplying the building industry are in great demand.

The business has an excellent reputation completing high-quality work on time. The holding company has two owners that work a five-day week in the business.

One owner who owns a 90% share of the company would like to sell and retire; he coordinates the factory staff & speaks to customers and quotes with the administration staff.

The second owner, who owns a 10% share of the company and takes care of all the installation work and seeks a new business partner.

Sales average over the past 3 years was $1,995,947.89 and Average EBITDA over the past 3 years was $607,211.00 after paying owners’ wages.

The fully compliant factory is on a stand-alone site of 1022 m2 and has some of the most advanced equipment available in the industry today all in immaculate condition, including vehicles fair market value came in at $727,976.00

Factory lease term until May 2029 plus 2 x 3-year options. Rent $7,474.36 per month, which includes outgoings and GST. The owner is happy to stay on as an employee until Jan 2026 if required to ensure a smooth change of ownership.

Trading hours Monday To Friday, Closed Saturday, Sunday, all Public Holidays, up to 3 weeks over Christmas and a week at Easter.

90% of the company shares are For Sale at approximately $960,000 (cash free/ debt free) + WIP. Full comprehensive Information Memorandum available.

Excellent buying here with huge growth potential in a very strong market sector.


Dru

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Summary

  • Listing ID BGMMBS
  • Status Sold
  • Location BRISBANE
  • State Queensland
  • Price SOLD

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Dru Morgan
Dru Morgan

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