Building and Construction
Canberra l ACT

Under Offer!

Very Profitable Metal Business Run by GM For Sale

General Description
This successful Canberra business has been operating for over 30 years and has weathered all financial conditions and is stronger than ever with the business currently being run under management and profits averaging $370,000.

The pluses for this business are:
Run under management – full time general manager in place
Owners regularly travel so business mainly manages itself
Average profits for last 5 financial is $370,000
Business that is needed in any financial conditions – steel industry
Customers vary from the home handy man to large commercial companies
Diverse revenue streams

The owners have decided they would like to retire and spend more time to travel and be closer to family.

Opportunities for strong under management businesses like this are rare so this is your opportunity to secure a strong reputable profitable business.

Features
All equipment included as part of the sale
Plenty of growth going forward for more active owner
Owners have not pushed the business – plenty of growth available to a new owner
Run by a general manager with little owner involvement

Location
Canberra

Trading Hours
Monday to Saturday

Lease
Per week $4,183 + GST
6000sqm site with semi access
10 years remaining

Financials
Sales 2018 $4.1m
Gross Profits 38%
Profit for 2018 financial year under management $467,000
Average over 5 years $370,000

Price
$990,000 + SAV
Stock $250,000
Includes all equipment which are motor vehicles, crane, show rooms etc

Like More Information - Confidentiality Agreement

To release further details about this business a confidentiality agreement must be completed - takes about 1 minute. This can be done by following the instructions below:

1) Go to http://www.bbbrokers.com.au/under-management-steel-business-very-profitable.html

2) Click on the "Enquiry" button at the bottom of the screen

3) Enter your details, including something in the comment area and click "Submit"

Due to the level of the asking price, we will kindly require further details from buyers to confirm they have access to this level of finance to fund the purchase of the business before further details are emailed out. Once the confidentiality agreement is completed I will give you a call to discuss further.

Price: $990,000 + S.A.V. question mark popup button
Brindabella Business Brokers
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Australian enquiry? Yes No

Phone: 0414 890... (click to show)
Mobile: 0414 890... (click to show)
Address:
PO Box 6088
MAWSON, ACT, 2607


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