About the Business

This business is the number one choice for all outsourced CNC Machining needs with the capabilities to machine MDF, Chipboard, Solid Timber, Plywood, Acrylic, Polystyrene Foam, Engineering Plastics, Laminated Panels, and Slatwalls.

They have a Morbidelli and five SCM flatbed CNC routers equipped with rapid tool changers, multiple drilling heads, and an extensive range of router bits. They also have a Griggio electronic panel saw with a 3600mm sliding table and a SCM edge bander.

The 6 months interim financial results for this nicely performing business showed a Profit of $276,186 for the 6 months ended 31/12/2023. This will confirm that this will be the 3rd consecutive year of increasing sales and profitability which has been the case for much of it's 20 year history

The owners are recruiting an operations Manager to oversee the Factory Team as productivity will be better with a dedicated Foreman so it is not expected to make any significant change to the bottom line as productivity will improve to cover the investment cost in that role.

It was a lifestyle decision by the owners to be able to take more time off going forward for recreation and travel.

Revenue

FY 2024 - $1,140,488 (July – December)

FY 2023 - $1,743,746

Net Profit

FY 2024 - $276,186 (July – December)

FY 2023 - $440,198

Potential

Demand is at an all-time high so expansion with more machines is a probable route for growth.

Skills

The business is fully staffed, and the owners provide supervision and administration roles.

Hours

Monday to Friday 7am - 4pm

Lease

A new long-term lease is available on the 2 factories that it occupies.

Location

Gold Coast Industrial Park

Employees

7 staff plus 2 owners.

Reason for Sale

Retirement.

About the Business

Services include:

Doors

Patterned or plain, ready for paint

The business offers a large range of CNC machined doors on white satin high-density board, ready for 2-pack paint. Special orders are filled where they are designed by the customer.

Drilling

The CNC machines are fitted with precision drilling heads, which are loaded with a vast array of drills ranging in size, shape, and purpose.

Retail Display Panels (Slatwall)

Whether you are a shopfitter looking for a competitively priced supply of display panels or a retailer wanting to do their own thing, the business provides tailor-made solutions to suit every need. They can produce panels in a large variety of sizes, colours, and configurations, with or without matching aluminium extrusions.

Acoustic Panels

The business manufactures acoustic ceiling and wall panels to specifications. Perforated or slotted panels can be made from a variety of materials including raw mdf, ply, or veneered board. Slot size and perforation diameters can be calculated to suit.

Solid Timber

The possibilities for designs in solid timber are endless, limited only by the customers imagination. The business does anything from decorative pergola brackets to cutting mortice holes in hardwood fence posts.

The couple that owns the business made $470,198 before tax in the financial year just ended.

The business has a long history, excellent staff, and long-term customers.

History

Established 23 years ago and has one owner.

Sale Price

$1 million plus SAV