Reference No: 12614

Barrack Heights NSW

Price: $2,200,000

Under Offer - Sydney based Manufacturing Business - EBITDA $814,348 (2021) For Sale

This leading manufacturing, wholesale and retail business of domestic home improvement products has been in business in the Illawarra region for over 30 years.  

They are the industry's leading company with strong market recognition driven by years of print, radio, television and social media advertising campaigns. It is also a brand recognised for its quality, reliability and integrity.

Founded in the late '80s, the business has continued to grow and evolve. The business now operates out of a custom-built factory that incorporates a large retail showroom. It also has several Messene offices and a large area currently used as a fully equipped staff gym. The factory space has been carefully planned for ease of deliveries and the floor plan follows a production line system from stock and material delivery, manufacturing zones and goods outbound and pickups. There is ample onsite parking, and the complex has an attractive street presence.  

Day to day operation of the business is handled by a team of dedicated loyal staff with some being employed for over a decade. The existing sales team have been with the company for several years as have the team of experienced installation contractors.            
This is a very successful, well established, and well run business. The owner has decided to sell as he is at retirement age and ready to spend more time with his wife and family.  

The current owner attends the business purely in an oversight role and is not required for day to day operations. He currently comes to the business only a couple of hours each day to oversee the business and to ensure his management team are working efficiently. In this sense the business is essentially running under management with all the necessary staff in place for day to day business.

Revenue $5,909,377 (2021)
EBITDA $814,348 (2021)
For sale at $2,200,000 + stock (approx $600,000)
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Price: $2,200,000
Business Brokers Network Australia
GPO Box 2068

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Contact: Dru Morgan
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