Business Summary
Sales for the 2022 financial year are $1,654,502.00 with a Net Profit to the owner $415,822.00.
This business offers one of the largest ranges of four-wheel drive exhaust systems, on offer to the Australian and International markets.
There is an opportunity to purchase this Queensland Manufacturing business with full support from the current owners before their retirement, the sale is reluctant without any family predecessor. The business was established in 2008 and over years of manufacturing has established itself as a market leader with the systems and intellectual fabricating capabilities that are the envy of all in the market.
The owners admit they have run the business to suit themselves and could increase sales dramatically if they choose to do so. The business plan can increase the current output by at least 60% without any further investment in equipment. The business is run by a husband & wife with 6 staff members operating a short 5-day week, taking all public holidays and 2 to 3 weeks off over Christmas.
The manufacturing facility is approximately 434 m2 with 367 m2 of mezzanine & office space on the second level. Lease term until the 31st of Aug 2025 + 3-year option period. Rent approximately $6,020.12 inclusive of outgoings plus GST per month.
The space houses over $1,180,670.00 in plant, equipment, and vehicles priced at fair market value.
The business has a very well-established & diverse customer base selling to Private customers, both nationally and internationally, Muffler / Exhaust retail workshops & Manufacturers for some of the most well-known 4WD Accessories brands (Re-Branded Products) in Australia.
This is a very good investment opportunity asking price $870,000 Plus Stock amount confirmed before exchange is estimated at $340,000.
For a full Information Memorandum, with accountants' tax financials available with full video tours of the manufacturing facility and meetings with the owners. Use this link to complete the confidentiality agreement - https://forms.gle/dLez6WtEaCrpMAaT8
Property Details