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Commercial Bakery Food Manufacturer - $4m+ FY24 Revenue Business Plus Freehold f
Internal Ref: RN 644
Summary
Australian owned and well-respected company est. for over 30 years. Manufacturer & installer of custom-made aluminium windows and doors for both the commercial and domestic markets.
Revenue
$3,066,000 pa
Rent
$230,000 pa
Expenses
$2,451,000 pa
Net Profit
$385,000 pa
Location Details
Conveniently located within the heart an industrial precinct, with on and off ramps are only a short drive away, providing access to Botany, Sydney Airport and the CBD in under 50 minutes.
Premises is owned by an associated company of the owner.
Potential
With the enormous amount of new building activity in the pipeline in regional areas in NSW, there is an opportunity to expand the offering.
The propensity of homeowners to continually make improvements to their homes.
A primary growth opportunity exists through either an owner going out more to actively look for extra work.
A robust advertising campaign to new targeted customers should also yield good results.
Local area growth in housing
Regional NSW growing – Supply Only
Skills
Exeprience on the builing industry would be an added advantage.
Hours
Monday to Friday
Lease
A new lease is availbale for negotiation.
Employees
Owner plus 9 emplyees including a production manager
Reason for Sale
Retirement
About the Business
Australian owned and well-respected company. est for over 30 years. It is today a well regarded manufacturer & installer of custom-made aluminium windows and doors throughout NSW. They are renowned for providing products and service of the highest quality, with immaculate attention to detail. This business offers a wide range of windows and doors products for both the commercial and domestic markets.
The company has a proven track record and is considered to be one of the market leaders in this industry in NSW. The business has an ideal platform to launch further growth, however the owner now wishes to retire and will leave the growth opportunity to the next owner. He would be available for handover to ensure a transfer of knowledge.
The owner strongly believes in investing in technology for the future, while offering first-class service at competitive prices.
Key Features of this business:
Genuine reason for sale – owner wishes to retire - to be discussed in person. Extensive training and support period will be available to ensure a smooth transition and minimal disruption for an extended period.
Strong organisational structure is in place with a production coordinator who runs the factory and with well organised administration. In addition, there is a well structured “Step By Step Guide” process in place for each new job, from receipt of order to delivery and invoice to customer.
Strong, well-established name that is respected in the industry by customers and competitors alike. With the Govt plans to increase the housing supply in NSW and beyond this business is ideally placed to take advantage of the future.
Agreements in place with the main suppliers - strong relationships endure.
Customers mostly pay a 10% deposit on order and then a further 80% prior to delivery to site with the balance of 10% on completion and thus ensuring minimal working capital requirements.
Profitable business with sound financials and tax returns available to support the figures – excellent cash flows. Balance sheet shows retained earnings in excess of $1.2 Million despite dividend distributions to the owners, which reflects the sustained profitability and strength of the business over many years.
Plant and equipment is modern and well maintained.
Premises is owned by an associated company and a long lease is available. Spacious warehousing and modern offices conveniently situated near major highways south-west of Sydney.
Opportunity to leverage off existing skills and equipment to expand product offering.
History
Current owner started the business in 1986 as a 1-man band and has slowly grown the business which today includes a fantastic team with incredible skills.
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