EBIT $502,593 average over past 3 ½ years
– Family business – established 20 years in Brisbane
– Annual turnover $5,000,000 plus
– Operates five days per week – excellent production manager, sales team staff in place
– Extensive product range with strong brand recognition
– Recognised leader in marketplace
– Business to Business only – huge chain store clients
– Simple systems and procedures – this business runs itself!
– Central location with impressive factories
– Large premises with plenty of room for expansion
– Includes plant and equipment of approximately $350k
– Solid return on investment with huge opportunity to increase sales and profit
– Massive potential for future growth
– Fantastic opportunity for a new owner to reap the rewards and plan for a comfortable retirement!
Asking price is $850,000 plus SAV ($400k)
For full details contact Myron Plumb on the above numbers.
*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.