Saunders Sign and Screenprint, 1457 Channel Highway, Margate,
Hobart, TAS 7000
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
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TASMANIA'S LEADING SIGNAGE DESIGN AND MANUFACTURING HOUSE.
Merchants Hobart are proud to be appointed exclusive agents for the sale of this iconic, Hobart based, Signage Design and Manufacturing House, offered for the first time in its 47 year trading history.
Operated under management, with less than 25 employees, this exceptional business has built its reputation on providing best practice and service to win the loyalty of highly valued, quality clients, many from prized niche markets.
The outcome of the implementation of quality systems and procedures over the past 5 years, has seen Gross Margins shift from 50.1% in 2008 FY to 73.5% in 2010 FY.
Merchants Hobart has appraised this business, allowing the opportunity for a new owner to achieve an initial yield (return on sale price including stock from adjusted net profit achieved in 2010 FY) of 26.85%; with plenty of potential to expand the sales turnover and scope of operations.
The business' dominant market share and sales turnover is well diversified amongst 11 key industries: Food & Beverage, Sport & Recreation, Agency & Media, Retail, Government & Education, Tourism & Hospitality, Gaming, Health, Trades, Real Estate and Other.
Products include Billboards, Corporate Signage, Specialised Signage, Architectural Signage, Digital Prints, Footpath Signs & A-Frames, Flags & Banners, Menu & Directory Signage, Neon / LED & Illuminated Signage, Promotional & Exhibition Displays, Pylon Signage, Retail Shopfront Signage, Road Signs, Routed Letters, Fabricated Letters, School Signage, Screenprinting and Vehicle Signage.
The business is offered for sale by negotiation as a leasehold going-concern. The premises are owned by the current business owners who are prepared to offer the buyer a minimum 5 year term lease with five year option, sustainable rent, together with a first right of refusal to purchase the property in the event that it is offered for sale in the future.
Investors and owner-operators looking for an exceptional business opportunity in the $1m + price range (plus SAV) are invited to telephone Simon Merchant direct on 0419 595 134 or email simon@merchants.net.au for further information.
Operated under management, with less than 25 employees, this exceptional business has built its reputation on providing best practice and service to win the loyalty of highly valued, quality clients, many from prized niche markets.
The outcome of the implementation of quality systems and procedures over the past 5 years, has seen Gross Margins shift from 50.1% in 2008 FY to 73.5% in 2010 FY.
Merchants Hobart has appraised this business, allowing the opportunity for a new owner to achieve an initial yield (return on sale price including stock from adjusted net profit achieved in 2010 FY) of 26.85%; with plenty of potential to expand the sales turnover and scope of operations.
The business' dominant market share and sales turnover is well diversified amongst 11 key industries: Food & Beverage, Sport & Recreation, Agency & Media, Retail, Government & Education, Tourism & Hospitality, Gaming, Health, Trades, Real Estate and Other.
Products include Billboards, Corporate Signage, Specialised Signage, Architectural Signage, Digital Prints, Footpath Signs & A-Frames, Flags & Banners, Menu & Directory Signage, Neon / LED & Illuminated Signage, Promotional & Exhibition Displays, Pylon Signage, Retail Shopfront Signage, Road Signs, Routed Letters, Fabricated Letters, School Signage, Screenprinting and Vehicle Signage.
The business is offered for sale by negotiation as a leasehold going-concern. The premises are owned by the current business owners who are prepared to offer the buyer a minimum 5 year term lease with five year option, sustainable rent, together with a first right of refusal to purchase the property in the event that it is offered for sale in the future.
Investors and owner-operators looking for an exceptional business opportunity in the $1m + price range (plus SAV) are invited to telephone Simon Merchant direct on 0419 595 134 or email simon@merchants.net.au for further information.
Hobart, 7000 demographic data
The median household income for Hobart is $1,464, 5% lower than Greater Hobart's household income of $1,542. Hobart has a younger age profile compared to the rest of Greater Hobart (median age 31 vs 39). Property ownership data shows 38% of property owners in Hobart have a mortgage.
3,390
Population
$1,464 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households
07 4057 44...
Saunders Sign and Screenprint, 1457 Channel Highway, Margate
Hobart, TAS 7000
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