Listing Id : 295100
Location : Queensland - CAIRNS
Category : Engineering, Building and Construction
Asking Price : 1,900,000
Business ID: BS1441**** **** $663,860 Profit Avg last 2 years, Purpose built factory and showroom The business was established over 50 years ago and manufactures and supplies an extensive range of premium aluminium architectural window and door systems, along with powder coating services. Doors and windows account for 85% of revenue, while the powder coating operation provides the remainder. In addition, there is a fully equipped blind manufacturing facility with substantial opportunity to expand the business in this area. The business employees 15 full-time employees and several contractors and services both the commercial and residential markets. The purpose-built 5-year old state-of-the-art premises is owned by the vendor who will negotiate a mutually-advantageous lease agreement. Business Highlights -Turnover circa $4,000,000 -$663,860 Profit to owner (Avg/year last 2 years) -$454,350 Plant and Equipment included (as valued by owner) -Around $400,000 Stock included in asking price -Small decline March and April 2**** **** , but bounced back strongly -Located in beautiful Cairns offering superb lifestyle This opportunity will appeal to a savvy entrepreneur or investor wishing to acquire an established enterprise with excellent client relationships and significant growth opportunity. It would also make an ideal bolt-on acquisition opportunity for a company wishing to expand geographically or diversify their product offering. Asking Price is $1,900,00 walk in walk out, including plant and equipment valued by owner at $454,350, and stock with estimated value of $400,000