Location: Queensland - BRISBANE -Brisbane

Category: Manufacturing and Industrial

Asking Price: $ 420,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed

Our client is a privately held component engineering service provider, they are well known in the market place retaining long standing and ongoing supply contracts with over 200 regular customers. With consistent performance and profitability our client has engaged Scan Pty Ltd (Scancorp) to coordinate the sale of the business.

The Company has demonstrated strong sales growth and consistent gross profit averaging 40% over the past 6 financial years. As such, this acquisition offers exceptional value to investors and would suit:

* A progressive buyer of the going concern with a manufacturing or marketing background seeking a foothold in Brisbane and SEQ.
* A trade buyer wishing to acquire the IP including substantial data bases and profitable cash flows and merge the subject business with their existing business.

Our client enjoys the following characteristics:

> Delivers premium quality component manufacturing services, across a broad range of sectors
> Exceptional reputation - established 50 years plus
> Long standing relationship with a diversified portfolio of over 200 regular customers
> Offers a mix of services making it a one-stop shop for engineered machined metals and plastics components
> Companys clients span a broad range of industries and its revenues are highly diversified across its clients
> Managed by experienced staff and requires minimal oversight from the current owner
> Average revenues over the past 4 years $1.96M with average PEBIT of $303k
> Exceptional value - indicative return on investment 53% with like-for-like replacement value of PandE > $250k

Value

Scancorp is offering the business for sale at $420,000 plus stock and WIP estimated $139,000.

Next Steps

Should this be of interest please contact Paul Tiller:
Email: paul.tiller@scancorp.com.au

For Sale
Price: $420k plus stock and WIP approx $139k

Inspections
By appointment

Paul Tiller
mob: 0419 986 305

ph: 07 3902 2400
Email: paul.tiller@scancorp.com.au

Suite 22 / 76 Doggett Street
Newstead Qld 4006