Summary
- Asking price:
-
$5,000,000
- Sales revenue:
- $6,200,000
- Net profit:
- $1,200,000
- Years established:
- 16
- Employees:
- 38
- Relocatable:
- This business can be relocated.
Business description
Fantastic profits- 19% profit to sales. Established 16 years ago. Excellent reputation within its niche industry. Strong and stable relationships with both Suppliers and clients. Strong management intact.
Property information
- Real Estate:
- Lease
- Lease terms:
- New lease available for any term.
- Location:
- The business has 2 premises. 1 for the head office and warehouse and the 2nd is a smaller premises for light assembly and quality control.
Other information
- Expansion potential:
- The owner is retiring and has concentrated on consolidating the business at present levels. There are a host of opportunities to expand the product range and thus the sales of this business. In addition, the business has started a subsidiary in USA and this company has huge potential.
- Competition / Market:
- There are 2 major competitors in the market who supply the entire range of products in this industry. This business is selective in the products it sells and the customers who handles its product range so to ensure that gross margins remain at high levels.
- Support & training:
- The Vendor is available for a full handover of the business after settlement as well as remaining on as a consultant thereafter.
- Reasons for selling:
- Retirement
- Trading hours:
- 8 am to 5 pm
- Furniture / Fixtures value:
- $200,000
- Inventory / Stock value:
- $1,600,000
- Related documents:
-