Johnston Business Sales Phone : 0411 59 ****
Gary Johnston
04115 ****

04115 ****


Unique manufacturer, wholesaler with a brilliant reputation

Listing Id : 273216

Location : Queensland -Brisbane

Category : Manufacturing Light, Professional Services, Wholesale Distribution

Asking Price : 675,000

Business description

Manufacturer, Wholesaler of Industrial Products

 

This unique one owner business has been established for 19 years.

Two branches, Management team with 8 long serving staff in total

Servicing customers and resellers along the Australian Eastern Seaboard with monthly exports to New Zealand

5 day a week operation with the owner only attending for 15 - 20 hours weekly

Solid financials showing increasing sales and adjusted trading profits annually over the past 3 years and beyond.

2018 -2019 sales $3.3M+ and returned $335,000 net to [mainly passive] owner

Bank finance available to 50% of purchase price TAP 

Brisbane site can be relocated - if required, a new lease available for the other branch

$675,000 + SAV $750K

Gary Johnston**** ****


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