A family-run dumbwaiter and goods lift manufacturing and supply business that operates from a home workshed and has been operating successfully as such since 2008.
The owner started developing dumbwaiters as a part-time adjunct to a previous garage door manufacturing business in 2004 and established the lift automation business when they sold the garage door business to a new owner who specialised in garage doors only.
The design of the system enables a quality lift product to be manufactured at a lower cost, installed via a simple kit installation process and provide more versatility for a house or the commercial space design.
The key features of the business are:
• Unique design developed and modified over time by an enthusiastic and hands-on owner working both with the system and on the system
• Kit based installation provides convenience and installation ease for almost any location
• Easy to use instructions for operation and servicing
• High-quality lift design and materials and at a lower cost to competitors as the lift can suit shafts made from any material and without the need for the shaft to be perfectly square on all sides
• Smooth rail guide system at the rear of shaft enables for a lift to be accessed from up to 3 sides
• Lifts can be made to order easily and with minimum cost increase as the system suits multiple sized lifts and shafts
• In line with this made to order process, the business works on a 50% upfront deposit and balance of the cost of goods before delivery. This provides important cash flow to the business and minimises bad debt risks and chasing up outstanding accounts.
What makes the business successful?
With most of the actual manufacturing of the lifts themselves being currently outsourced and unique design of operation, the lift can be made to order and installation can be handled via simple kit based instructions.
Customer marketing is currently via online inquiry and referral.
The business could operate from anywhere and indeed has customers all over Australia. It could be well suited to add to an existing business or an entrepreneur looking to take this business to the next level.
Complete your online enquiry for a confidential discussion and receive a comprehensive Business Profile and Market Review.
Asking Price: $399,000 Plus SAV
Finn Business Sales
Geelong & South West Victoria
(03) 5259 9970
Broker: Alan Wood
0400 792 811
alan.wood@finnbusinesssales.com.au
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