Located in a busy industrial area in Dandenong South with easy Freeway access, this manufacturing business is well known within the industry for producing high quality brand name items including haircare, skincare, laundry detergents, bathroom products, gardening products and much much more. The business is highly profitable and at this stage has stopped taking on new clients, although they are continuously requested to do so.
The 6,400 sqm property consists of an extensively equipped 3,300sqm factory and office space.
Key features include:
*Taking $150,000 per week
*Open 5 days per week, closed Saturday and Sunday
*$4,951 per week rent
*15 Year lease
*Established for over 50 years
*Run under management
*Room for improvement
*Property also for sale for $5,000,000 if the incoming Purchaser is interested
*Plant and equipment worth over $2,000,000
For more information please contact Gerry Morelli from LINK on the below:
Phone: 0417 353 120
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.