LONG ESTABLISHED, SOUTH WEST MANUFACTURER
Niche product supplier in an affluent region of the state
Forward Orders of circa $1,500,000 with additional pending quotes of $500,000
Loyal, stable and well-trained workforce
State-of-the-art workshop and equipment
Strong client base and referral base
Well recognised South West brand name
Large part of the purchase price comprises plant, equipment & stock ($494,000)
Immediate expansion opportunities
Minimal advertising and marketing currently undertaken
Booming population and construction region
The advertised net profit of $412,000 is the average of the last 3 years.
2023 FY NORMALISED NET PROFIT $579,000
A rare opportunity to purchase a bespoke manufacturer that is in the business of designing, crafting, and producing custom-made pieces according to the specific requirements and preferences of individual businesses and clients.
Self propelled sales and a high gross profit margin of 53% 56% is indicative of a business which is both solid and in a strong growth phase.
These customised products are poised to be in high demand in the future. The growing South West population will require the continued building of infrastructure and housing to accommodate it, and all these new buildings will require these products.
This business has been servicing the South West market for some 25 years and during most of that time the demand for its products and services has exceeded the Business's capacity to produce.
With very little sales or marketing effort turnover has continued to grow year on year, purely through reputation and word of mouth.
The Business is in the fortunate position it does not have any reliance on advertising to generate sales. Advertising is presently restricted to the Facebook page.
The present owner has opted not to actively market the Business and this therefore represents one of the simplest and most direct routes to increased sales for a new owner particularly if the promotions are aimed at expanding the client base into new facets of industry.
To obtain a comprehensive business report call or email to complete a confidentiality agreement. No information will given out over the phone.
