Internal Ref: LF201
Summary
This long-established business predominately fabricates plastic materials
Location Details
Premises in both the East and West
Reason for Sale
Retirement
About the Business
This long-established business predominately fabricates plastic materials, although Aluminum and timbers are also used. The business is a specialized manufacturer / fabricator of custom displays, point of sale components, signage needs such as 3D letters, light boxes and solid cut lettering.
Customers are involved in the Shopfitting, Signage, Event and Marketing Industries and are numerous.
Sales in 2023 showed strong growth from previous years.
The business benefits greatly from good cash flow with strict 30 days trading terms in place and 40% of sales being COD
.
The business operates from two premises covering both sides of town. There are skill staff of long standing in place who will remain with the business.
The business would best suit a new owner with Signwriting, Carpentry, Cabinetmaking or Fabrication industry experience or alternatively another fabrication business looking to expand through acquisition.
Profit to one part-time owner in 2023 was approximately $422,000
ASKING PRICE $975,000 + SAV ($20,000)
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