In some regions plastic tanks are banned because of bushfire hazards. Other householders simply prefer the more up-market style and greater longevity of colour coded streamlined metal tanks. This business is a virtual monopoly on the North Coast.
Bunning?s hardware are a significant customer, but very little effort has been put into marketing, especially with the new slimline range. With a single employee operating the latest American computerized metal rolling machine, the business has turned around $200,000 in the past 18 months. The manufacturing operation is quiet simple and can be quickly learnt by someone with average handyman skills.
Gross profit margin is around 30% of sales. This is an ideal add on to an existing manufacturing operation, but it can easily be operated as a stand alone business operating from a large shed.
The present landlord requires the building that the equipment operates from, for other purposes, but the entire operation can be very easily relocated to any new premises of around 200 square metres that has three phase power.
Asking price is $120,000, all inclusive of plant, raw material and stock.
Comprehensive training is available to a new purchaser.
Suburb | COFFS HARBOUR |
State | NSW |
Region | Mid North Coast |
Postcode | 2450 |
Property Type | Industrial/Manufacturing |
Price | $120,000 |
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5/9 GDT Seccombe Close,
Coffs Harbour NSW 2450
Phone: (02) 6650 9006
Fax: (02) 6651 5513
9am - 5pm Mon - Fri