- Categories: Automotive, Industrial/Manufacturing
Established for over 16 years his business offers one of the largest ranges of four-wheel drive exhaust systems direct to the public & exhaust / muffler shops worldwide.
Sales for 2023$1,564,691 Average Net Profit to owner 2022 & 2023$401,918.00
Orders are boxed & despatched same day by the 7 staff members giving customers the service a superior product the business is known for.
This business has the ability to draw from popular product they hold in stock or manufacture sort after older models that are boxed up and sent by freight same day without having to employ any trade qualified staff.
The business supply's exhaust shops all over Australia, New Zealand and many other country's on a weekly basis with the addition of the general public that order directly.
The business has established itself as a market leader with the systems and intellectual fabricating capabilities that are the envy of all in the market trading 4.5 days per week. Closed for 2 to 3 weeks over Christmas & Public Holidays.
The plant, equipment & vehicles have been independently valued by Pickels Valuers at $696,560 and are included in the sale price with a full report in the information memorandum. Huge depreciation & Tax savings for new owner.
The owners admit they have run the business to suit themselves and could increase sales dramatically if they choose to do so. The manufacturing facility could increase the current output by at least 60% without any further investment in equipment.
The manufacturing facility is approximately 434 m2 with 367 m2 of mezzanine & office space on the second level. Lease term until the 31st of Aug 2025 + 3-year option period. Rent approximately $6,020.12 inclusive of outgoings plus GST per month.
The business also manufactures for some very well-known brands that can be purchased in Australia on-line (Re-Branded Products) end users don't realise that the products all come out of the same factory it sells its own product from.
The proud owners are very happy to stay on for up to six months if need be to help a new owner settle in before they retire. The owners love the business however there isn't any family predecessor to take over.
This is a very good investment opportunity asking only $600,000 to include $696,560 of plant, equipment & Vehicles Plus Stock estimated at $340,000.
Full financials & BAS statements, facility video tour & interviews with the owner are shown in the information Memorandum.
Use this link to complete the confidentiality agreement - https://forms.gle/dLez6WtEaCrpMAaT8