Sold
This business is involved in the construction industry & is involved in the manufacture of formwork & caissons that are used to construct building foundations, underground soil retention walls & support structures in multi-storey buildings. It is also widely used within the electrical industry within South Australia. The manufacturing process is simple, the margins are substantial & the projects are exceptional. The business has exclusive rights to SA, NT & WA & an exclusive supply contract guarantees supply of the raw materials for the next 10 years.
The current vendors (two) work only limited hours and all the manufacturing for one week is done in less than 18 hours. The construction process is unique & comes with natural barriers to entry that has created a market where competition is almost impossible.
This business is so successful that before a business profile can be issued we need clearance from the vendors, therefore, there may be up to a 24 hour delay in forwarding the business profile after your inquiry.
At a glance:
Goodwill | $535,000 |
---|---|
Plant & Equipment (approx written down value) | $15,000 |
Stock at valuation (approx) | $30,000 |
$580,000 |