David Ferraz 0425 329 765
Phone: 1300 922 088
Mobile: 0425 329 765
Argus Business Brokers
Level 1, 331 High Street,
PENRITH, NSW 2750
Industrial/Manufacturing for sale
Industrial Services Business
This industrial services business has been trading for over 60 years. It is a leader in its field and offers a broad range of products and services. These include core services that are provided to a large number of customers, on a day to day basis. The business also offers a number of niche products and services that help to differentiate it away from its competitors.
Around four years ago, the vendors decided to refresh the business and to gear it up for the future. It was relocated to purpose built premises and the workforce was restructured. In addition, a high end website was put in place and Apple and Android apps were developed for the business. These initiatives have paid off and have resulted in sales growth. Further, the renewed business is generating solid, consistent profitability. For the 2015 financial year, EBITDA was just over $1 million. The 2016 year to date financials are tracking closely in line with the 2015 results.
This is a substantial business that currently has sales in excess of $7 million per annum and strong cash flow. The operation has a selection of quality equipment for production and also has a full complement of experienced staff in place. This business has a brand that is well recognized within its industry and the business has a substantial database of repeat customers.
The organisation is run under management and the managing director is happy to stay on for a period of time. Also, a succession plan is in place to allow for a replacement manager once the current MD retires.
This business could be the ideal acquisition for a buyer who wants a business that is run under management. It could also be a great purchase for an individual wanting to own and operate a well-established business.
This quality business is being offered for sale at $2.9 million plus stock (approximately $600k).
- Business Category: Industrial/Manufacturing
- Business Sub Category: Paper/Printing