One of Queenslands leading manufacturers and distributors of domestic home improvement products is on the market after 30 years of ownership from the current director and founder.
This outstanding business has a solid management team in place and virtually runs under management with the current owner only involved on a passive basis. With QLD residential investment set to grow strongly into the forseeable future this business has very steady growth prospects.
Blending customised local manufacture with low cost imported products and components yield a significant competitive advantage in the Australian marketplace. While the business could not be called a monopoly Australian market supplier, it is arguably the dominant supplier of its products in SE Queensland.
After 30 years of success and attaining iconic status in his industry, the current owner is now set to retire and has engaged Morgan Business Sales to market his 100% shareholding in the business.
Sales Revenue $8,679,935 (2020), Projected Revenue $10,295,271 (2021)
EBITDA $655,257 (2020) , Projected EBITDA $988,411 (2021)
Plant and Equipment Market Value $602,127