Canvas, Clothing and Industrial Textiles Manufacturer

Price: Sorry, this business is no longer available. You can check out current listings here.

Key Sale Highlights

7 year average revenue of over $20,000,000
Included assets at valuation of $16,000,000.
No goodwill in the sale - just the assets as per independent asset valuation.
Stock at cost estimated at around $9,000,000
Supplier to Australia’s leading premium brands and The Australian Defence Force
• Buy the business only with a long term lease or buy the extensive freehold property for $15Mil

Proudly listed by Shane Fox

Business Overview

This business is a well-oiled machine comprising over 60 staff across the laboratory, manufacturing, R & D, administration and management teams. The owner is the Director overseeing the operation and assisting the General Manager and department heads. This is a unique and very rare type of business in Australia that has been established for over 30 years and is highly regarded as being a premium Australian made canvas, clothing and textile manufacturer for huge National brands across many industries and the Australian Defence Force. KEY FEATURES/ SALE HIGHLIGHTS INCLUDE: • 7 year average revenue of over $20,000,000 • Included assets at valuation of $16,000,000. • No goodwill in the sale - just the assets as per independent asset valuation. • Stock at cost estimated at around $9,000,000 • Supplier to Australia’s leading premium brands and The Australian Defence Force • Buy the business only with a long term lease or buy the extensive freehold property for $15,000,000 with net rent @ $1,250,000 (currently paid by the business) If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents info@merchantbrokers.com.au or call our team on 1300 broker (1300276537) An online Confidentiality Deed can be done through our website www.merchantbrokers.com.au

Sign Confidentiality Deed

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What interests you about this Business Opportunity? *

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Confidentiality Deed Poll *

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:

I have read & agree to the Confidentiality Deed Poll

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