- Price: $950,000 + SAV
- Categories: Automotive
An amazing well-established factory business to acquire manufacturing custom designed heavy trailers for trucks in NSW.
For over 20 years, this highly profitable New South Wales-based company made a massive reputation within the trailers for trucks industry. It is currently the industry leader offering in-house design for various and unique range of trailers for trucks. Factory operates from 2 locations and fully equipped and with optimum level of stocks.
Features of the business
* All New orders waiting period of minimum of 8 months.
* Currently owner operator, however merger/acquisition, investor is an option.
* Over $1.7 million worth of ongoing orders. Fully booked till Jan 22.
* Staff are experienced and well trained in both the factories along with apprentice.
* Fully equipped with required machinery and in-house painting booth.
* Owner is willing to continue as an employee if necessary.
* Average sales for last 3 years are over $2 million - moving north swiftly, 2020 was tad slow due to lockdown, this year expecting sales over $3million.
* All required certifications are in place.
* All IP will be part of the sale along with digital marketing presence and trading name.
* Sales revenue over $2million net profit before tax is $240,000/PA approximately with addbacks under management, owner operator over $320,000 before tax.
* This business can be moved, however new lease available to suitable parties at both the places.
A business like this one is seldom to come up for sale and it is a great opportunity for someone looking to grow by strategic acquisition or someone looking for a strong investment.
* Merge with bigger automobile accessories manufacturers.
* Increase number of employees to enhance production capacity to increase sales.
* Have a proper admin and marketing set up (currently a one-man show)
* Tie-up with big companies to make it an international brand.
Note: No earn out option
Cost to Acquire
* Asking price = $950,000
* 3 months rental Bond = $52,000
* 1 month Rent= $14,000+GST
* Stock= $150,000 + or 20%
Listing ID: NSW09975
Broker: Gilraj Venkatappa
Email: [email protected]
To complete an online confidentiality agreement, visit this business and enquire now at: https://------------.---.--/businesses-for-sale/ca/NSW09975
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF