This business is a well-oiled machine comprising over 60 staff across the laboratory, manufacturing, R & D, administration and management teams.
The owner is the Director overseeing the operation and assisting the General Manager and department heads.
This is a unique and very rare type of business in Australia that has been established for over 30 years and is highly regarded as being a premium Australian made canvas, clothing and textile manufacturer for huge National brands across many industries and the Australian Defence Force.
KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:
• 7 year average revenue of over $20,000,000
• Included assets at valuation of $16,000,000.
• No goodwill in the sale – just the assets as per independent asset valuation.
• Stock at cost estimated at around $9,000,000
• Supplier to Australia’s leading premium brands and The Australian Defence Force
• Buy the business only with a long term lease or buy the extensive freehold property for $15,000,000 with net rent @ $1,250,000 (currently paid by the business)
If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents info@merchantbrokers.com.au or call our team on 1300 broker (1300276537) An online Confidentiality Deed can be done through our website www.merchantbrokers.com.au
