GREAT VALUE! - LEADING SOUTH WEST CUSTOM MANUFACTURING BUSINESS

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seal approved PBS

NET PROFIT
$412,000 pa

PRICE
$590,000

STOCK
INCLUDED

LOCATION
South West Regional

REF NO
GMC041268/23

BROKER
Glenn McTaggart

Sold

Manufacturing

GMC041268/23

Key Features

Resolute, long-established 25 years
Over 80% of the purchase price plant, equipment & stock
Minimal advertising and marketing currently undertaken
Booming population and construction region
Strong client base and referral base
Loyal, stable and well-trained workforce
1. niche product supplier in an affluent region of the state

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 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.

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