Highly Profitable Manufacturing & Residential Construction Installation BusinessListing: #TA00206
About this Business for sale in Hobart & SouthernHighly Profitable Manufacturing & Residential Construction Installation Business
This Highly profitable business installs state-of-the-art building products mainly servicing the southern Tasmanian market. Well established and with a fantastic reputation, this business has experienced tremendous growth having gone from initially 3 employees to its current workforce of 26. This business has exclusivity over a globally renowned European brand of building material. The business has the opportunity to expand its market reach to capture a larger share of the growing Tasmanian market for home building and renovation.
Some key points include
- EBPITDA of $1,617,543 in the 2021 financial year.
- Excellent client relationships and a fantastic reputation for delivering quality results.
- Highly profitable with more than 6 months of future orders already in place.
- Competent and loyal workforce.
- Reliable supply chain relatively unaffected by COVID-19.
- Easily operated under management with the owner willing to stay on to help train a new General Manager.
- 7+5+5 year lease from October 2021 in fantastic purpose-built premises.
Don't hesitate to get in touch for a confidential discussion as this business will not last.
A comprehensive information memorandum has been prepared for this business as well as accountant prepared financials.
Phone: +61 3 6135 4446
Mobile: +61 0417 357 037
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
*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.