Frame and Truss Manufacturer - Business $195,000 and Freehold $800,000
- ID Ref MorgansTF2
- Suburb Ipswich
- State QLD
- Status For Sale
Business DescriptionThis very well-presented business has been established for over 38 years. Positioned on a 3,034 m2 standalone site with factory & office of 765.9 m2
Sales for the 2018 / 2019 financial year were $1,900,937.00 operated by the owners and 4 long term staff members. Products are supplied to a loyal Brisbane & Gold Coast customer base.
The business has an excellent reputation in supplying, fully engineered, custom frames, trusses, and flooring systems.
The office & factory houses all the equipment that is needed in excellent condition.
Owners would now like to retire but are happy to stay on for as long as needed to help a new owner settle in.
Granny Flat and relocatable home producers should look very closely at this opportunity.
Net profit to the owner after paying all expenses and rent of $82,122 + GST for 2018 / 2019 was $174,288.92.
A Long lease would be offered to a buyer that just wanted to purchase the business which is priced at $195,000 + Stock at value.
Freehold property showing over a 9% net rental return priced at $800,000 could be sold to the business buyer.
Fantastic opportunity here, in one of the highest growth areas of Australia, priced well below replacement cost for a quick sale.
For an Information Memorandum, use this link to complete the confidentiality agreement https://forms.gle/q6eqP4tHVMRtFMDt7