Sold
This is a long-standing family-owned and locally operated business that has been serving South Australia since 1981. Specialising in the manufacturing and installation of high-quality security doors and screens, roller shutters, and blinds, the company has earned a solid reputation for its exceptional products and services.
Their passion for providing exceptional security solutions started in a small shop, and as their business quickly grew, moved to a bigger factory, where they have now been for 30 years in the southern suburbs.
The business currently enjoys a stable workflow, with three months' worth of work orders in place. This provides a promising start for the new owner, ensuring a steady stream of business from the outset.
Currently run by a family, the equivalent of two fulltime working owners, the business is ideally suited for individuals with a trade or manufacturing background who seek a well-established and efficiently run business.
Melanie Winter 0408 085 932
| Goodwill | $450,000 |
|---|---|
| Plant & Equipment | $30,000 |
| Stock at valuation (approx) | $42,000 |
| $522,000 |
| Current Rent | $4,250 per month (no GST applicable) |
|---|---|
| Lease Term | 5 years |
| Lease Commencement | June 2020 |
| Lease Expiration | June 2025 |
| Right of Renewal | 2 (two) by 5 years |
| Adjustments | CPI |