Summary
CB is an established Hobart business operating since 2002 manufacturing and installing custom fences, gates (including automation), balustrades, handrails, decks and pergolas.
Revenue
$902,020 pa
Rent
$23,815 pa
Expenses
$747,961 pa
Net Profit
$156,058 pa
Location Details
Office and workshop in Glenorchy, Tasmania with onsite installation across the greater Hobart region.
Potential
The current owner has been actively downsizing and there is a real oportunity for the business to be grown in any of our business areas depending on the new owners skills and interests.The workshop canbe upsied and a showroom reopened propviding. Qualified people can provide installation of speciality products that are compliant in the construction industry. This is a real area of potential growth for the business which has only been touched on and not currently available among the competion.
The business is priced for quick sale.
Skills
Business management skills
A manufacturing trade or building trade very useful
People mangement skills
Hours
Monday - Friday
7:30 - 4pm
Lease
Lease of workshop including office and two storage containers till 14th March 2024.
Option to renew.
Employees
Two fulltime onsire installers
One part time welder manufacturing
Office is run by a contrator
Enage contractor to do specific trades ie builder.
Reason for Sale
The current owner/managing director is wishing to wind back due to health issues and spend more time working on the farm.
Contact us for business sale prospectus
About the Business
CB has been servicing greater Hobart with the manufacture and installation of fences, gates (including automation), balustrades, handrails, decks and pergolas. We specialise in custom solutions to meet our clients objectives while maintaining compliance and safety.
Our client base includes many ongoing and repeat customers including new residential and commercial clients.
Our current advertising is basic utilising our website, google, Yellow online, Facebook and word of mouth. The business is in a perfect position to grow according to the new owners’ skills and interests.
Our business workflow starts in the office with an enquiry for one of our products or services. Enquiries usually come to the business electronically, phone or walk-ins. Our office provides initial information to clients and gathers the necessary information to make an appointment for our estimator to meet the client onsite to understand the clients requirements and the parameters of the job.. We then prepare a quote for the client and if successful we attend the site to do final measurements and discuss any additional details with the client. We then order products or materials and manufacture/paint the product before installation.
Our products include all types of fences, handrails and balustrades (timber, steel, aluminium, wire and glass). While we provide standard products we pride ourselves in providing custom products for clients when required. We provide aftercare for gates and motors
We have long term loyal and skilled employees and contractors who would like to stay with the business if there is the opportunity.
All the hard work is done with this business with the office, workshop and installations workflows documented and implemented. We have workplace and worksafe policies documented and implemented.
While we no longer keep a lot of stock on hand we do have certain lines of materials for our most popular products. This stock will be purchased on the sale of the business. The business comes with essential tools and additional items can be optionally purchased if required (vehicles and plant).
The business price includes office equipment, plant, vehicles and tools as listed in the business prospectus.
The business is in a perfect position for the new owner to either maintain the status quo or build/adapt the business according to the new their interests.
The owner/managing director is willing to assist the new owner after the sale for 1 month, 20 hours per week to ensure a smooth handover and success for the new owner.
History
CB has been trading in Hobart since 2002 with two owners. The current owner has had the business since 2015. The business has operated out of a number of locations in Cambridge and Glenorchy and at its peak had premisis in Glenorchy, Blackmans Bay and Middleton including workshops, storage facilities and a showroom.
The current owner has been winding back the business to fit in with his lifestyle and is now ready to move on.
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