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Iconic Melbourne sign business Glenbrae Signs up for sale

Started by trained Signwriter Garry Milne in 1988, Glenbrae Signs of Kilsyth, an outer Eastern suburb of Melbourne, is on the market as Garry prepares for retirement. The business has grown to generate over $1.3 million p.a. in revenue, even during the pandemic. A long-serving loyal team of eight, plus an amazing Operations Manual authored by Garry, will ensure a smooth and successful hand-over.

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Glenbrae Signs has grown into a nationwide provider of high-quality signage solutions

Glenbrae Logo 2Glenbrae Signs is located about 36km East of Melbourne's CBD in a fast-growing region. Its total client list of approximately 4,500 come from all over Australia, with 1,700 of them currently active customers. The company has based its success of excellent customer service, the latest technologies and diversification into areas such as vehicle & marine wrapping, website creation, marketing collaterals such as brochures and business cards, creativity and both hard and soft signage fabrication of all kinds.

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Mimaki & Roland equipment at Glenbrae

A member of the ASGA peak industry association, Glenbrae has consistentrly returned an average of over $435,000 per annum to its owners. An impressive portfolio of completed signage projects from schools, retail, industrial, hospitality & catering, healthcare, government, wayfinding, interiors, fleet owners and more, serves as testament to the qualty of Glenbrae's work and list of satisfied repeat customers.

The building itself (325m2 of floorspace) is available leashold on favourable terms, currently $40,000 per annum and 7 x 3-year leases, yielding up to 21 years of tenancy.

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Mal Ross of CRE Brokers

 

A modern equipment fleet of Roland and Mimaki printers, laminating, CNC and finishing equipment is in daily production and well-maintained.

The Glenbrae sale is being handled by Mal Ross of CRE Business Brokers of nearby Carrum Downs, with offers over $1.5 million invited.

Interested parties can obtain further information from Mal by calling:

M:  0427 572 718
T:   03 9580 5600

or emailing: mal@crebusinessbrokers.com

Website: www.crebusinessbrokers.com

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