Performance Business Sales Phone : (08) 94 ****
Richard Broad
04370 ****


Ref RL8870 -UNDER MANAGEMENT - RECOGNISED AS NATIONAL LEADER IN MANUFACTURING

Listing Id : 140017

Location : Western Australia - Perth

Category : Manufacturing and Industrial, Industrial Services, Service

Asking Price : $2,450,000

Business description

Key Features

  • SIGNIFICANT PROJECTS Under way
  • GOVERNMENT AND ASX LISTED CLIENTS
  • UNASSAILABLE REPUTATION FOR QUALITY AND SERVICE
  • SALES UP 23 % WITH PROFIT $1.4m for 2017/18
  • SKILLED STAFF ACROSS A RANGE OF ACTIVITIES
  • GENERAL MANAGER IN PLACE
  • CAN EASILY EXPAND ON-SITE
  • FORTY PERCENT OF THE PURCHASE PRICE IS PLANT AND EQUIPMENT
  • LOW STOCK LEVEL OF JUST $75,000
  • OWNER WILLING TO PROVIDED ONGOING SUPPORT

 

UNDER MANAGEMENT - LONG TERM FAMILY MANUFACTURING BUSINESS

MAJOR PROJECTS Under way IN WA

The continued development of Perth including the proposed redevelopment and expansion of almost every major shopping centre in Perth plus the new football stadium are just some of the projects which this business is involved with. Presently this business has over $8m of works in discussion or quoted, what great prospects for a new owner.

WELL-ESTABLISHED AS THE MARKET LEADER

This business has over 30 years in the market during which is has developed an unassailable reputation for quality, reliability and service. Few manufacturing companies in Perth have the capacity to undertake the larger projects which this business regularly wins.

AHEAD OF THE GAME

This business was the first company in Perth to move into new technology within its industry and has always been at the forefront of the competition. It has recently employed an expert from Singapore on staff thus ideally positioned to continue staying ahead of the industry-wide move in technology.

GREAT RESULTS WITHIN PRESENT WITH EXCELLENT POTENTIAL TO GROW

It is a rare in this market demonstrating business growth as this business is, plus has excellent prospect for work on the books and potential to grow more, 2017 sales are up 7% and  2016 sales were up 20% on 2015. 2017 Profit remains consistent with previous year of 2016.

SKILLED STAFF ACROSS A RANGE OF ACTIVITIES

The company currently has its largest ever sales team – some have been with business for 14 years with others for four years or more. They have well-developed long standing relationships with the many long term, loyal clients ensuring this business is made aware of every potential opportunity and that it is successful in its pursuit of the vast majority of these.
Whilst in manufacturing this business’s production team are experienced in many areas and have worked across WA and interstate, the workshop is equipped to build almost anything at all.
It is therefore perfectly positioned to expand into a multitude of other opportunities.

LOW STOCK LEVEL OF JUST $75,000

Stock is sourced from Within Australia and China, local stock takes one – two days for delivery thus supports great stock management. This supports the business with an excellent cash flow, which minimises working capital. Additionally, they have a full time purchasing officer who ensures stock both purchased and managed efficiently.

FORTY PERCENT OF THE PURCHASE PRICE IS PLANT AND EQUIPMENT

Plant and equipment is state-of-the-art and in excellent condition to meet the ongoing needs of the business. Provides the new owner comfort with their investment and also tax advantages with depreciation.

HUGE MARKET OPPORTUNITIES

There are around 220,000 registered businesses in WA (and an unknown number of others registered outside the State, but with branch offices in the West). And around 30,000 new businesses start every year.
Many of these businesses require product manufactured by this business.

OWNERS ASSISTANCE

The owner will provide full training after settlement date for six weeks without remuneration to assist a purchaser with all aspects of the running of the business.
He is also prepared to be available on an ongoing consultancy basis if desired. As the founder of Business he is passionate about seeing it succeed.

This Business is a NATIONAL AWARD WINNER amongst its peers, has a history of over 35 years with a reputation for quality, reliability and service. Staff are skilled and professional in their field with many of them long term with the company, plus there is capacity for further systemic growth, which is on the way! 

Great Opportunity for a new owner to prosper and enjoy the many years of reward like the present owners - so contact us and register your interest today..

Contact:

Russell Lyon

Mobile:**** ****

Email: russell@pbsbusiness.com.au

or

Richard Broad

Mobile:**** ****

Email: richard@pbsbusiness.com.au


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