Stonemason Company in Booming Renovation Industry

By allbiz1
0
(0)

Australia 4000 Brisbane, Queensland, Australia

15 3026
$2,200,000
G1Y2HFF2I9
1 year ago

HIGHLIGHTS

  • Serving both Commercial and Residential customers
  • Loyal and dedicated team in place that will continue employment after acquisition
  • Business is fully run under management
  • Forecasted to double revenue in 12 months

 
OVERVIEW

Asking price: $2,200,000 (freehold is available for sale upon request)
Revenue: $2,500,000
Net Profit: $650,000

Your opportunity to own a company run under management which generates affordable engineered various stone products at 23-25% profit margins. Having contracts for both residential and commercial projects, the business is known for their quality kitchen builds, bathroom builds, and assortment of designs for even laundry spaces.

They're an effective monopoly in the area as the nearest competitor is 1.5 hours drive away.

Future buyers will have the chance to seize potential growth that has been strategically planned by the experienced owner via key contracts alongside plant and equipment upgrades.

DETAILS

Completely Under Management & Turnkey. The 15 member team is loyal and very competent to manage the business. The employees intend to stay on board after sale.
Quality Fitout. The owner recently upgraded all the equipment and equipment maintenance agreements. Current yard space is 5876 sqm and factory space is 600 sqm.
Increase in potential customers. Client base has potential to grow amidst increasing population in local and neighbouring communities such as Harvey Bay and Bunderberg. 
Key growth opportunities. The business has potential to double in 12 months due to key contracts in place and upgraded equipment.
Scalability. Excited buyers have the opportunity to maximise the advantageous business position by undertaking larger projects.

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