Business DescriptionThis is a long established and successful family business, with the owner ready to retire.
Two long term staff manage the daily operation. In 2017/2018 total income was $2.7M. Earnings available to the owners were $405,000 after all staff wages.
It involves a simple product assembly and light manufacturing system and wholesale marketing across Australia. The stock lines are three complimentary product groups used in engineering, architecture, commercial and domestic construction, mining, farming, landscaping and marine applications.
The owners maintain financial supervision while key staff manage the business. The office and workshop is in Brisbane with in-house and one interstate representative. They are supported by a high quality website and a proven professional marketing system in place. Sales are predominately to repeat clients in SEQ but also spread across Australia.
The plant and equipment is lightweight assembly machinery with equipment replacement value at approximately $250,000. All component stocks are purchased in bulk, the majority are sourced locally and some are imported.
Premises occupy 390 m2 in a warehouse and office unit in Brisbane. You can contact Scott on 0412 247 369 for an initial discussion. Detailed information including 4 years financials is available.