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Industrial & Manufacturing business for sale in Newcastle

  • Industrial & Manufacturing
  • Newcastle NSW 2300
  • $2,590,000 (GST na)

$2,590,000 Highly Profitable, Huge Wip, Industrial Painting

This well-established, highly profitable, Industrial Painting business, with a remarkable track record of over 30 years, is now available for sale as the owner enters a well-deserved retirement.

Recent new substantial contracts have fueled remarkable growth, paving the way for an even brighter future. With blue chip and loyal repeat clients, this business demonstrates continual revenue and net profit growth.

The numbers speak for themselves. Over the past three years, the business has achieved impressive revenue milestones:

$1,971,814 in FY21
$2,654,656 in FY22
$3,359,615 in FY23

You can step into this thriving business with everything you need to hit the ground running. This business would also make an excellent addition to similar businesses looking to grow via acquisition.

Don't miss out on this chance to acquire a well-established Industrial Painting business with a solid foundation, significant working pipeline, and substantial growth opportunities for the coming years.

Key Features

Highly Profitable
Significant working pipeline
New substantial contract
Limited Competition
Established trading history of 30+ years
Generous salary ($180k) included for working owner in addition to EBITDA

Financial Summary

Revenue FY23: $3.359M
EBITDA FY23: $800K+
Revenue FY24 (Annualised): $3.229M
EBITDA FY24 (Annualised): $900K+

To fill out a confidentiality agreement on this business copy the following URL in your browser and follow the prompts https://www.vbaaustralia.com.au/post/highly-profitable-huge-wip-industrial-painting

Or for further details contact Darren Ferris on 0499 150 043.

Vision Brokers & Advisors
'Turning Vision into Certainty'

Business Highlights

Business ID2019465881
Floor AreaAsk Business Broker
Category
Last updated  3 Sep 2024
Map for Newcastle NSW 2300
Map for Newcastle NSW 2300Newcastle NSW 2300
Inspections
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Business Highlights

Business ID2019465881
Floor AreaAsk Business Broker
Category
Last updated  3 Sep 2024

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0401620918

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