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Factory Home Building Business with Potential

$ 7,200,000.00
Reference Number
2415
Title
Factory Home Building Business with Potential
Date business was established
1990
Business for
Sale
Additional information
Additional information
This is a business with advantages in design, construction and installation of homes built in the factory and transported to the site. Approximately 50% of the work is derived from Holiday Parks and the balance comes from high end residential homes. Due to an advantage over traditional construction this factory home building business for sale has on average a 10 to 20% construction saving over traditional builders.
Revenue
$7,900,088 per annum for 2017
$ 9 million for FYE 2018
Net Profit
$2,026,372 for FYE 30/6/2017
Estimate FYE 2018 2.2 million
Potential
Due to an advantage over traditional construction this factory home builder business for sale has on average a 10 to 20% construction saving over traditional builders. Add to this the lack of lost days from rainy weather this is the method of construction of the future. This business builds beach front homes in Byron Bay and Lennox Head as well as constructing 3 and 4 bedroom homes, toilet and shower blocks and manager’s office and accommodation for holiday parks. Local councils are wanting to maximise the return they get from their caravan parks and as a result are upgrading the accommodation. In addition tourism is booming and people are looking to AirBnB and Stayz for accommodation and land owners are capitalising on this market. Significant potential and opportunities to grow with expansion opportunities from Cairns to Melbourne.
Employees
15 employees.12 fulltime, 2 casual and one part time.
Reason for Sale
Established in 1990 the owners are now looking to retire.
About the Business
This is a business with advantages in design, construction and installation of factory built homes. Approximately 50% of the work is derived from supplying Holiday Parks.
For Companies or Individuals who can invest more than $7.2 million plus SAV (share sale)
Annual Nett Profit
$ 2,026,372.00
Location
Country
Australia
States
Queensland
City
Gold Coast
Address
Gold Coast
Post code
9726
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