A leading online supplier of premium security locks, architectural hardware, and safes is available for acquisition. Established in 2006, this Australian business has built a stellar reputation over the past 18 years, becoming a trusted name in the industry.
Operating through multiple e-commerce websites, along with a single bricks and mortar store, the business offers a vast selection of quality locks and locking accessories, many of which are unique and not available through other distributors. With supply chains established in China, the UK, and the USA, the business model is resilient to geopolitical uncertainties.
Key highlights include:
• Established Presence: 18 years in the industry with a strong brand reputation.
• Diverse Product Range: Unique products not found elsewhere.
• Resilient Supply Chain: Multiple suppliers across several countries.
• Loyal Customer Base: Diversified clientele, including government departments, large businesses, and mines, ensuring repeat orders.
• Repeat Business: 50% of the revenue is repeat B2B.
• Streamlined Operations: Operated by the original founders, a husband and wife team, with no additional employees needed.
The current owners are planning for retirement but are willing to remain in a consulting role post-sale to ensure a smooth transition. This business is turnkey and poised for growth, presenting an excellent opportunity for an investor to take it to the next level.
Revenue: FY24 $2.5m
EBITDA: FY24 $860k
