Brisbane City, Queensland 4000

Sth East Queensland based Manufacturing Business - Sales of over $8.5m pa

For Sale | $2,600,000

Manufacturing/Engineering

One of Queenslands leading manufacturers and distributors of domestic home improvement products is on the market after 30 years of ownership from the current director and founder.
This outstanding business has a solid management team in place and virtually runs under management with the current owner only involved on a passive basis. With QLD residential investment set to grow strongly into the foreseeable future this business has very steady growth prospects.
Blending customised local manufacture with low cost imported products and components yield a significant competitive advantage in the Australian marketplace. While the business could not be called a monopoly Australian market supplier, it is arguably the dominant supplier of its products in SE Queensland.
After 30 years of success and attaining iconic status in his industry, the current owner is now set to retire and has engaged Morgan Business Sales to market his 100% shareholding in the business.
Sales Revenue $8,679,935 (2020), Projected Revenue $9,796,666 (2021)
EBITDA $655,257 (2020) , Projected EBITDA $821,668 (2021)
Plant and Equipment Market Value $602,127
Stock $1,282,736

Sale Price $2,600,000 for 100% Company Shareholding

Includes all Plant & Equipment & all Stock

A comprehensive Business Information Memorandum is available to approved parties by completing our confidentiality agreement using this link https://forms.gle/nrdUgk5Wfzs6aG1Z6

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Dru Morgan



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Dru Morgan

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Overview

This Manufacturing/Engineering Business is one of 352 businesses for sale in Brisbane Central, Queensland, and one of 34 Manufacturing/Engineering Businesses in this region that a business for sale currently has on offer. This Manufacturing/Engineering Business is for sale in Brisbane Central for the asking price of $2,600,000 and has been on market for less than 3 months.