Browns Plains, Queensland 4118

Brisbane Powder Coating Business

For Sale | $2,400,000

Manufacturing/Engineering

Established for over 35 years this business is a leader in its field operating 5 days per week.
The business specializes in high volume powder coating, servicing some of the most well-known manufactures in Australia. Sales for the last 12 months over $2.1 million and are forecast to increase.
The automated production line was designed and built using only the best equipment available and is operated from the business stand alone 3,636 m2 site.

Business purchaser is welcome to purchase the freehold property @ $2,800,000 or a 5 year lease with two 5 year options is offered.

A long lease or freehold purchase would be available to a business purchaser. The businesses equipment has been independently valued at $1,275,000. There are 12 staff members with all key staff being employed on a long-term basis and very comfortable in their positions.
The current owner is very happy to support the purchaser or purchaser's manager to ensure a smooth change of ownership.

The owner would like to retire. Average EBITDA $500,000 p.a. After the owner's wage of $136,563
The Business sale price includes unencumbered plant & equipment. Asking $2,400,000 + Stock approximately $120,000


For a detailed Information Memorandum, follow the link to complete the confidentiality agreement - https://forms.gle/eDKpCkfK1xeUj9aG7

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Dru Morgan



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Dru Morgan

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Overview

This Manufacturing/Engineering Business is one of 8 businesses for sale in Heathwood, Queensland, and one of 21 Manufacturing/Engineering Businesses in this region that a business for sale currently has on offer. This Manufacturing/Engineering Business is for sale in Heathwood for the asking price of $2,400,000 and has been on market for less than 3 months.