Asking price: $2,200,000 (freehold is available for sale upon request)
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.
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.