Business ID: BS------
Manufacturing and Distribution of Materials Handling Equipment Company – Sydney
T/O $7.58 p.a. (3 year average) Last Year $10.4M Owner’s Income $1.85M (3 year average) Last Year $3.78M
The business has started by the present two owners 23 years ago and has made a profit every year since commencement. It is based in Sydney and is a leading manufacturer focused on material handling systems tor almost every conceivable category of retail, warehousing, distribution, and industrial entity throughout Australia. The business also acts as a distributor for component parts of the wide range spares and supply others in the industry. The company has built up an unimpeachable reputation for quality, reliability, and delivery with customers many “Blue Chip” multinational companies, but also deals with small and medium sized business.
-Established 23 years
-Niche Market
-High Margins
-History of Profits since Commencement
-Critical Product Ensuring Future Demand
-Exclusive Distributor
-Experienced Management Team In Place
-Growth Market
Depending on the experience of the buyer, the owners are prepared to remain for a reasonable period to train and assist with the smooth transition of the sale.
This is a unique opportunity to acquire a successful Australian manufacturing and engineering business that is critical to the material handling industry and free of some of the supply chain issues that are causing concern in the present political and economic environment. The business is an attractive investment in its own right or as a strategic acquisition for vertical integration to others in the industry.
Asking Price: The business is for sale as a going concern at a price of $2.5M for all the assets and goodwill. Stock is excluded and will be valued at cost as at the date of settlement, is estimated to be in the order of $1.0M.
