Port Macquarie, New South Wales 2444
Powder Coating business for sale Ref2916 Nth Coast
For Sale | $795,000
• Secure tenure
• Strong regional business
• Training and support offered
• Strong return on investment
As the only Dulux accredited Powder Coater in the Mid North Coast and Manning Valley regions, this business with 4 permanent and 4 casual employees provides Powder Coating services to a broad mix of industrial, commercial and domestic clients located across the region.
Solid core of regular repeat business with no over-reliance on any one client.
Operating within circa 1,000 m/2 factory space located in the Port Macquarie industrial zone, the building comfortably accommodates the current volume of business and has ample space for expansion or, additional service provision. The vendor owns the building so able to offer secure tenancy.
All equipment is fully owned and in good working order so that there is little to no need for further capital expenditure in the near to mid-term. Stock in hand is basically limited to the powder used. Additionally, the majority of clients pay a mix of deposit and/or payment on collection so that overall, this is a business with exceptionally strong cash flows and low gearing.
This is a robust and profitable regionally-based business that has ongoing relevance within its market segment and territory.
The business offers a strong return on investment and has the opportunity to vertically scale and or, diversify its service offering, without competing with its existing client base.
It has limited direct competition and a relatively strong barrier to entry for potential new operators.
The vendor is willing to offer the necessary training to ensure a smooth transition, prior to full retirement.
Plus stock Est ($45,000)
Further details are available upon completion of a confidentiality agreement by contacting Michael O'Connell on 0408402890 or email email@example.com