Mackay & Coalfields Region l QLD
Ref: 5039



This iconic brand and one owner business of 34 years is now offered for sale due to pending retirement of its owner.
Dual state operations, long term personnel with well-established Supplier and Customer networks located nationally and internationally.
Average annualised Sales for the past 6 years was $17M annually
18 -19 produced an EBITDA of $1.1M, 17 -18 $1.5M
Currently both premises are leased but freeholds are also available for sale separately.
If required, the owner is prepared to manage stock sourcing, importing, exporting for an extended time to ensure the transition is smooth ensuring the buyer is fully conversant with the industry/ suppliers/customers etc
The business also has a subsidiary retail operation supplying the public.
Massive premises with availability for additional storage, personnel facilities, accommodation, sublet possibilities, the business could seek expansion into food services etc
For the buyer - Working capital requirements $500,000
$2,700,000 plus current SAV @ $1.8M - although stock can be reduced to $300K - $500K
Gary Johnston 0411 598... (click to show)

Price: $2,700,000 + S.A.V. question mark popup button
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Broker : Gary Johnston
Phone: 1300 889... (click to show)
Mobile: 0411 598... (click to show)
Suite 522, 12B Anzac Square Arcade - 198 Adelaide Street
Brisbane, QLD, 4000

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