Aluminium Windows & Doors Manufacturing – Central Coast

Price: Price: $550,000 + Stock

Key Sale Highlights

EOFY2023 Revenue over $3,400,000
Adjusted Net Profit to full time working owner over $320,000
Included assets as per valuation at $388,000
Stock at cost of approximately $650,000
Owner will consider staying on for a reasonable transition

Proudly listed by Shane Fox

Business Overview

This is a premium manufacturer of aluminium windows and doors catering mostly to high-end architecturally designed homes through builders and architects. A small amount of work is direct to commercial clients also mostly through architects and builders. The business whilst based on the Central Coast also services Sydney, Newcastle and the Hunter Valley. Both the customer base and the areas of service could easily change to grow the business. The business is very well systemised and has a dedicated trained team of staff who either work in manufacturing, sales or administration. The business has been around for around 18 years. The business asking price is $550,000 and the freehold property is $1,800,000 = $2,350,000 plus stock at cost.

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BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
In written form is WRITTEN/SIGNED/SENT electronically if Vendor & SIGNED BY the undersigned clause C/P:

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