SOLD - Manufacturing and distribution $1.65m + SAV
- Blue Chip Manufacturing and Distribution... Under Full Management
- Business Run Under Management, average net profits of $550,000 over the past 3 years
- Established 25 years and first time available.
- Business Run Under Full Management
- Average Net Profits have been $550,000 over the past 3 years
- Established 25 years ago and first time available.
- One other direct competitor in Australia
- Strong potential for growth
This outstanding Manufacturer and Wholesaler has found a niche selling a disposable product that is used by millions of Australian’s every day. The business was first established 25 years ago and over that time the industry has consolidated to the point where they have only one direct competitor nationwide. They make product on site as well as import from overseas and have an alliance with an international company who is the biggest name in their industry globally.
This keeps barriers to entry into the business are very high so this is a safer investment than most out there and this is reflected in their consistent financial performance.
The customer base is wide and varied from high profile businesses through to small distributors located in every state across Australia. Many have been customers with the business for over 20 years and have stayed loyal due to the high product quality and outstanding service.
The business is run under full management with long term staff in place and the owner living 250 kilometres from site- In fact the owner has not even set foot into the business for the past 3 months. Many of the staff employed have been in the business for over 10 years and have the experience to keep the business running smoothly.
A closer look at the business will highlight that there is still some strong opportunities for growth. They are nowhere near capacity and there are some key areas of the market that could be grown further.
So why sell this blue chip business…. Health is suffering and Retirement is calling. While it hasn’t been an easy decision to sell, this is the right time for the business to be taken forward under someone else. The good news is that the owner is willing to be involved in some part time capacity under a flexible working arrangement so you will have support going forward.
Serious Buyers with the financial capacity to complete a transaction are encouraged to move quickly as this is truly one of the best business opportunities available. This is a highly confidential sale and information will be given to qualified buyers after completing a detailed confidentiality agreement.