- Categories: Industrial/Manufacturing, Services
Established over a decade ago, this business has meticulously cultivated its reputation as a premier specialist in the provision of machine replacement parts, catering specifically to the Food, Packaging, and Recycling Industries.
Over the past eight years, this enterprise has enjoyed a remarkable average annual sales growth rate of 15%, demonstrating its consistent success in meeting the industry's demands. The fiscal year from 2022 to 2023 marked a significant milestone, with an impressive 24% surge in growth.
Distinguished by its comprehensive service offerings, this business serves as a one-stop destination for all replacement parts needs within the food processing, packaging, and corrugated industries. This versatility positions it as a vital partner for companies spanning these three manufacturing sectors.
With a broad and diversified customer base, this business is not beholden to any single client, mitigating risks associated with overreliance on a single source of revenue. Its clientele is continually expanding, a testament to the effectiveness of its marketing strategies, which encompass Glossy Parts Catalogues, impactful Trade Show presence, prominent visibility in Google search results, and a strong network driven by word of mouth.
At the helm of this thriving enterprise is an adept management team boasting extensive experience. Their well-established processes facilitate the procurement of spare parts from around the globe, ensuring a wide-ranging selection and rapid fulfilment of client needs within Australia.
Furthermore, the owners of this successful venture are looking to transition into retirement, offering a unique opportunity for potential investors or buyers. Their commitment to remain involved during a transition period serves as a valuable asset, guaranteeing a seamless handover that preserves the business's momentum and paves the way for a prosperous future. The continuity in operations ensures the business will not just survive but thrive under new stewardship.
Sales:
2023$7,106,------ $5,662,------ $5,108,------ $5,288,------ $4,322,423
EBITDA:
2023$1,571,------ $1,298,------ $1,200,------ $929,------ $879,048
