Brisbane Powder Coating Business
The business specializes in high volume powder coating, servicing some of the most well-known manufactures in Australia. Sales for 2021 came in at $2,165,017 and are forecast to increase.
The automated production line was designed and built using only the best equipment available and is operated from the business stand alone 3,636 m2 site.
A long lease or freehold purchase would be available to a business purchaser. The businesses equipment has been independently valued at $1.32 million. There are 12 staff members with all key staff being employed on a long-term basis and very comfortable in their positions. The current owner is very happy to support the purchaser or purchaser’s manager to ensure a smooth change of ownership.
The owner would like to retire. EBITDA of $824,223 + Owner’s wage $135,393 Total Net to owner $959,616.89
Sale price includes unencumbered plant & equipment. Asking $2,400,000 + Stock approximately $120,000
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