Business ID: BS------
Annual sales FY2021 circa $7M with EBITDA $920K+. FY2022 forecasted to match last year performance.
This business is a manufacturer and importer of personal protective products for wholesale to distributors around Australia.
Established in 1974 manufacturing industrial safety gloves the business has expanded over the years to other safety products.
The business manufactures, imports, and distributes products from both local and overseas suppliers to wholesalers and distributors. Products are distributed to all states across Australia in 13 major categories including made-to-specification protective wear and apparel, protective suits, hi-vis safety gear, and other general safety products.
The business has been run completely under professional management over the last 14 years.
Sales revenue for the last three financial years has been trending upwards from $6.3M to $7.4M.
-Established for over 45 years
-Long term management and systems in place
-Current management aware of business sale and available to assist with the transition
-Owner not involved in day to day operation
-Blue-chip clients nationally
-18 full-time employees
-Excellent spread of the clients
-FY2021 T/O $7M
-FY2021 EBITDA over $920K
-FY2022 expected to similar performance to FY2021
-Amazing scope for future growth and expansion
This is a rare opportunity to acquire a business that will do strongly in the current environment and will be able to grow further both nationally and internationally in the future.
Excellent opportunity for:
-Businesses in the industry wanting to expand their reach and range
Don’t miss out! Enquire now!
Asking Price $3,000,000 + Stock at valuation