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Industrial Furniture Manufacturer
Location: Australia
Industry: Manufacturing > Furniture Manufacturing




Business Summary

This is a well-established small engineering business of 50 years. The current owner of 11 years is currently going through the process of major expansion, amalgamating a 25 year old powder coating business with the engineering business. However, ill health and a lack of resources is prohibitive and the opportunity arises for an innovative, savvy entrepreneur with engineering/boiler-making experience to realize the current owner's visions whilst bringing their resources and expertise to the table and taking this business to its full potential. If you possess the pre-requisite skills i.e. strong business and management skills combined with exceptional people skills and a ‘ can do' attitude, then this exciting business is waiting for you to capitalise on the massive potential that exists to easily develop this business and reap the long-awaited rewards. This business starts the process with metal fabrication in stainless steel or mild steel as required i.e. tables, benches, chairs and a very diverse array of products not necessarily connected to the custom furniture industry. Combined with a large powder coating division under the same roof with major contracts undertaken include a hotel fit out, nursing home beds and educational furniture. Major accounts are Orana Inc., Commercial Vision, Studio Exhibitions and Smart Fabrications. This company is fully established and fully primed for the next owner willing to take this business to a new level…. Walk in walk out AUD $400,000, Just look at where the Aussie dollar is! Don't miss the boat, opportunity Knocks once in a lifetime.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $300,000
Cash Flow:   $125,000
Cash Flow Type:  EBITDA
Inventory:  $400,000
Seller Financing:  No

About The Business

Year Established:  1965
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Full Training and Support
Reason For Selling:  Retirement

Photos

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Industrial Furniture Manufacturer Photo 1 Industrial Furniture Manufacturer Photo 2 Industrial Furniture Manufacturer Photo 3




Print Listing Id: 700243823
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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