SOLD...Very Profitable | Nets $153,000

This retiring owner has over the past 14 plus years created a Gold Coast business to be proud of netting $153,000 in 2017 and an average of $150,000 over 3 years. This boutique fabrication business is well known and respected for its broad range of well-made products. As most products are site specific competition from overseas imports are nil. The diversified ranges of products embrace the safety, security and construction fields. Materials are marine grade and considered the best available. Most customers know what they require and provide designs, making quoting and production much simpler. Many customers are within the corridor from Gold Coast to South Brisbane and leave a new owner ample opportunity for increased sales beyond this area.

• Plant and equipment estimated to be close to $47,000 and includes a vehicle.
• Nets the owner close to $153,000 in 2017.
• There are no bad debts and very low working capital, with many jobs attracting deposits and the final payment is on completion.
• Limited credit is given to a few long standing customers.
• Stock is very low further keeping working capital low.
• Loyal long serving staff are in place and capable of managing when owner takes leave.
• Excellent systems ensure administration and production are seamless with traceability of stock and production.
• Due to his age the owner has created a role for himself that allows him the discretionary leisure time he enjoys.
• This business closes at Christmas and is open 5 days a week except for public holidays.
• The modern factory (low rent) has offices and excess production capacity which gives every opportunity for the business to grow.
• The current owner has relied on referral business but a motivated new owner will see benefit from a reinvigorated marketing programme.

Call me now for more information on this new to market opportunity.

ASKING $220,000 plus SAV (low)

Gary Dutton xxxxx

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