Lloyds Corporate Brokers has completed the Sale of a Brisbane based SME in the industry of steel frames fabrication for residential housing.
This family-run business was founded in 2012 and has grown strongly. The business has strong relationships with Blue Chip partners in industries such as shed manufacturers and residential house builders. The owners had established ongoing relationships within the industry, ensuring a steady stream of repeat business. The business specialised in the manufacturing of steel frames for house renovations, home extensions, residential & commercial sheds, granny flats, home offices & commercial offices.
The business owners were looking for a retirement exit strategy, resulting in the business being ideally positioned for a buyer looking for a turn-key operation, or a larger organisation with greater resources to capitalize on current and future growth prospects of this Niche business.
Lloyds Corporate Brokers played a key role in facilitating this sale, running a highly successful marketing campaign resulting in 18 qualified buyers and 4 offers for purchase.
Lloyds initiated the sales process with a business appraisal, facilitating introductory meetings between the buyer and the vendor and working with the vendor and the advisors through all aspects of the sale process, including deal structuring and negotiation of sale terms.
Lloyds' Consultants are qualified professional Brokers with a wealth of Corporate Advisory, Consulting and Industry experience. They expertly guide business owners' step by step through the process of selling or buying a business.
If you own a business in manufacturing or constructions sectors, talk to one of our specialists about how Lloyds can help your business expand, sell or raise capital. We have teams of Brokers in Melbourne, Brisbane, Adelaide and Sydney.