BS4187
T/O $2.7M UNDER MANAGEMENT. OWNER'S REVENUE $876,000 pa
The company has been completely restructured from its original manufacturing base in the electrical industry to one that outsources all the ‘‘technical research / development / manufacturing” to one of assembling its original products, sourcing new products worldwide and distributing existing and new products to its very large client base of some 28,000 contacts in the mining, automotive, state utilities, government and corporate sectors. The business should be viewed as a distributor with the ability to customise and assembly standard products to their customer’s requirements and so attract higher margins and profitability.
BUSINESS HIGHLIGHTS
• Established 100 years
• Profitable History
• High Margins
• Enviable Reputation
• Loyal & Large Customer Database
• Great Industry Brand Name
• Full Systems & Procedural Manuals in Place
This is a rare opportunity where a well established Australian family manufacturing company has restructured itself to an import, assembly and distribution organisation able to take advantage of its reputation within its large government and corporate customer base and to double its profits under outside management. Perfect as a strong and secure base from which to use your management and entrepreneurial skills to expand to its full potential.
Asking Price: $2.25 M for the assets and goodwill. Stock is not included but will be valued at cost after allowing for age and sale-ability.
