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Industrial & Manufacturing business for sale in Gold Coast QLD

  • Industrial & Manufacturing
  • Gold Coast QLD
  • $2.8m plus SAV

$1m Profit per annum and run under Management

Summary

An exciting opportunity has presented itself to acquire this business that Produces, Manufactures & Installs Custom Designed Lighting, Screens and other Commercial Interiors.

They were Established 11 years ago and still in the same family. It has an extremely good profit with plenty of further growth potential.

They have a highly skilled and talented team of people including a full Management Team and the owners now live overseas.

Their customers include Shopping Centres, Sports Stadiums and Entertainment both in Australia and Overseas. Their clients highly regard their work and often are repeat customers. All the work is custom made to the customer’s requirements and one-offs.

Revenue

$4.4m

Net Profit

$998k

Potential

Most of their clients are so happy with their work that they do not even go to the open market for tenders. There is substantial potential to grow this business further by seeking out other tenders that are available.

Skills

Given the business has a very talented Management Team, the new owner would have the choice of leaving the structure as is or be a hands on leader and possibly take some of the roles themselves.

Hours

Monday to Friday 6.00am to 4.00pm

Lease

A new lease is currently being negotiated and the landlord is very happy for them to stay long term.

Location

Gold Coast

Employees

25 including the Management Team

Reason for Sale

The founders have retired and their son who is CEO is living Overseas and does not want to continue to travel back to Australia

About the Business

The business’s one-stop shop approach includes conceptual and design development, engineering, prototyping, production, shipping, installation, site coordination and more.
They are constantly developing and moving into new areas. The staff have a brilliant skill set and there is a very positive work environment. The team are a huge asset to this business and are proud of the work they create.

Given the designs are all on-offs, there is very little competition in this market.

A substantial amount of plant and equipment is included in the asking price.

History

The business was founded 11 years ago and is still owned by the same family.

Sale Price
$2.8m plus Stock of approximately $200k

For the full story enquire today.

Business Highlights

Business ID2015305632
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Category
Last updated  26 May 2019
Map for Gold Coast QLDGold Coast QLD
Hallmark Business Sales
Po Box 5440, Q Supercentre Mermaid Waters QLD 4218

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