Australian Business For Sale®

Look to the future - Look to Sprayrite

Well established business for over 32 years specialising in light and heavy commercial spray painting work, particularly successful in the bus and coach industry.

The business is located at Brendale, a light industrial area just 17km north of the Brisbane CBD.

Facilities include 3 up-to-date spray booths, 2 of which can accommodate the largest of buses as well as complying with Workplace Health and Safety and other government environmental regulations.

One of Sprayrite's main clients is Mills Tui, a manufacturing company with contracts to a number of government authorities. These include QLD Fire and Rescue, Victoria Country Fire and Rescue and NSW Fire and Rescue. In addition to this, Mills Tui has gained contracts to build and repair vehicles for the lucrative mining industry as well as Greyhound Australia. Sprayrite also sources work from other areas and has recently moved into marine refinishing.

Turnover is approx $1,000,000 per annum. Possibilities exist to outsource the spray booths etc. and capacity is there for high turnover of smaller vehicles.

Sprayrite has a sound footing in its area of specialized work, a healthy financial track record and the prospects for the future are good for someone with a get up and go attitude. The owner is getting on in years and wishes to retire.

Long lease available. Some vendor finance is available to a suitable purchaser.

This is currently a highly profitable business and has huge potential for further expansion in the future.

For further financial information please contact Peter Di Tommaso, Accountant.