Manufacturing / Engineering business for sale in Browns Plains
- Manufacturing / Engineering
- Browns Plains QLD 4118
- $2,400,000 (GST na)
Brisbane Powder Coating Business
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