Entrepreneur Opportunity - Asset Value only
- Proposed Usage
- Property ID
Can you see opportunity? Find new sales channels for an existing product? Develop new products with spare manufacturing capacity? If that's you, then this business is a bargain!
Wholesale clients continue to provide a stable base, and the significant manufacturing capacity within the current facility leaves room to develop.
Priced very sensibly at almost asset and stock value only, this presents a real opportunity for you to build equity.
The equipment includes metal press; welding; powder coating and wood working machinery. The lease is currently month to month but the landlord has indicated a willingness to provide a purchaser with a new long-term arrangement.
Turnover for the '16 financial year was over $500,000, assets are valued at $100,000 with $45,000 worth of stock at cost.
Price $149,000 including estimated stock value $45,000