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Well Established Automotive Solvent Manufacturing Business For Sale - QLD

Listing Id : 250483

Location : Queensland

Category : Engineering

Asking Price : 595,000

Business description

Business ID: BS9424 Solvent Business PLUS Building Premises. With a strong return on investment and opportunity to expand.Adjusted profits of close to $300K last financial year. The manufacturing business sells its products to Independent Wholesalers to promote and on-sell its award-winning Automotive solvents to workshops around Australia. The business is representd by wholesales selling its products in every Australian state, including two major Australian Distribution companies. Opened in 1985, the current owners have been running this successful business since 1997. With word of mouth and repeat clientele the only form of marketing, it is a great opportunity to for a new owner to expand even more. BUSINESS HIGHLIGHTS • 45 - 47% net profit in the past two years • Wage returns for owner/owners • Ongoing contract with suppliers • Increased turnover in the past three financial years • Solvents made onsite • Main client base - Car workshops • Opportunity to purchase premise at an additional cost. Training for three to six months will be provided. Already turning a decent profit, the new owner has the opportunity to start a marketing program (websites, print, etc) from the ground up and increase clientele and staff. Asking Price: Business: $595,000 Premises: $600,000


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