Reference No: WM370

Building and Construction
Sydney NSW
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Price: $2,800,000 + S.A.V. question mark popup button

Manufacturing & Sales – Run by Management Team For Sale

This business is genuinely run under management
The current owner lives interstate and the new owner can be located anywhere

Masonry and Precast Concrete Building Products

Established for more than 50 years, this business manufactures and distributes a broad range of building products to an impressive customer base in Sydney and regional and coastal NSW.

The owner has several other business interests and only attends this business one or two days per month.

Sales are around $4.5 mil PA with an EBITDA of $780K and the business is run by a dedicated and reliable management and operational team.

Covid19 – Sales were down 8.5% in 19/20 but GP was up, so EBITDA was consistent with previous years. Despite the uncertainties the 20/21 year has started well and the various Government incentivised programs will definitely have a positive impact on the year ahead.

The business is extremely well equipped and has significant unused capacity in both machinery and hours.

The regional location provides comparatively low overheads, lower raw material costs and freedom the to operate longer hours if and when required.

Importantly, it's only a couple of hours from Sydney, so there's easy freeway and highway access to customers throughout Central NSW, Lower North and South Coast NSW, Metro Sydney and Canberra.

The business is offered as a leasehold but the freehold property is also available.

This is a very rare chance to secure a highly regarded manufacturer of building products, with a proven management team in place, massive equipment list and plenty of low hanging fruit!!

Business Price: $2.8 mil + SAV ($600K)

Property: $1.8 mil

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Price: $2,800,000 + S.A.V.
Marlow & Co
1st Floor, 261 - 267 High Street

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Contact: Wayne Marlow
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