Freehold Manufacturing & Installation - Newcastle Area

With over 50 years in trading, it is no wonder that around 70% of business is from word of mouth and referrals. The brand has a reputation to be envied, exceptional google reviews and a very strong work in progress pipeline. 85% of work generated is to residential home owners which is a strategic decision. The commercial arm of the business could be grown significantly, and marketing is quite light on as they are very consistent and busy as it is.
Currently, one owner works in the business full time mostly quoting and ordering. Many of the staff are trained to cover multiple roles and when the owner has time off for annual leave.
Total owners adjusted net profit plus net rent for EOFY2024 equals a total income of $866,000 with the listed sale price being split $1,300,000 plus stock for the business and $3,300,000 for the freehold property (per recent valuation).
The business is located in the Lake Macquarie area just outside of Newcastle