Canvas, Clothing and Industrial Textiles Manufacturer

Newcastle NSW
Asking Price $16,000,000
About
This business is a well-oiled machine comprising over 60 staff across the laboratory, manufacturing, R & D, administration and management teams.

The owner is the Director overseeing the operation and assisting the General Manager and department heads.

This is a unique and very rare type of business in Australia that has been established for over 30 years and is highly regarded as being a premium Australian made canvas, clothing and textile manufacturer for huge National brands across many industries and the Australian Defence Force.



KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:

    7 year average revenue of over $20,000,000

    Included assets at valuation of $16,000,000.

    No goodwill in the sale - just the assets as per independent asset valuation.

    Stock at cost estimated at around $9,000,000

    Supplier to Australias leading premium brands and The Australian Defence Force

    Buy the business only with a long term lease or buy the extensive freehold property for $15,000,000 with net rent @ $1,250,000 (currently paid by the business)

If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents xxxxx or call our team on 1300 broker (xxxxx) An online Confidentiality Deed can be done through our website www.xxxxx
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