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Businesses Wanted: Life Sciences - Calibration, Testing & Qualification
Internal Ref: RN 670
Summary
A trusted name in the Aus glass industry since 2005 they arte a leading manufacturer and importer of glass handling equip, custom truck bodies, vehicle racking systems and specialised glass machinery.
Revenue
$1,757,000 pa
Rent
$193,000 pa
Expenses
$1,155,000 pa
Net Profit
$409,000 pa
Location Details
12 putarri ave
Conveniently located within the heart of anindustrial precinct with a major highway only a short drive away, providing access to the CBD in under 50 minutes and with a second facility in Victoria.
Potential
Expand the regular customer base into windows & aluminium, marble & granite and related sectors.
Add consumables and small equipment to the product range, including potential online sales.
Employ a local technician to expand after-sales service coverage Australia-wide.
Activate low-cost digital and industry marketing (currently near-zero spend) to increase reach and enquiries.
A strong pipeline of construction activity, particularly in regional NSW.
Geographic expansion and “supply-only” opportunities in regional markets.
Skills
Engineering and fabrication experience would be an advantage
Hours
Monday to Friday 7 am to 3.30 pm and Saturday only when necessary.
Lease
New leases are availbale on both premises.
Employees
Owner plus 5 staff and 1 admin
Reason for Sale
Retirement
About the Business
A trusted name in the Australian glass industry since 2005. The company is a leading manufacturer and importer of glass handling equipment, custom truck bodies, vehicle racking systems and specialised glass machinery.
Strategically located in the S-W of Sydney with a second facility in Victoria, the business serves glass companies, glaziers, window and aluminium fabricators, and a growing range of customers across Australia. Delivery and installation services are provided Australia-wide.
Key Details:
Genuine reason for sale — owner wishes to retire. An extended training and handover period is available to ensure a smooth transition.
Very niche business with only a small number of competitors in Australia. Steel-based products offer superior strength and durability compared with aluminium alternatives offered by some competitors.
Excellent cash flow and profitable operations. Customers typically pay a 40% deposit on order with the balance on delivery, resulting in minimal debtors. Creditors are kept to a minimum. Working-capital requirements are modest.
High profit margins supported by efficient production, strong buying power and a specialist product offering that commands premium pricing.
Well-known and respected customer base that extends beyond traditional glaziers and aluminium fabricators to include education providers (e.g. TAFE), furniture businesses (e.g. Coco Republic), media companies (e.g. Ooh Media), builders and many others.
Established, multi-skilled staff team already in place covering fabrication, installation, technical drawings and warehouse functions.
Strong, well-respected brand. The company logo is etched into products that travel Australia-wide, providing ongoing brand exposure.
Long-standing preferred-supplier relationships with key overseas manufacturers.
Currently spends virtually nothing on advertising or formal marketing — presenting a clear, low-cost growth opportunity through targeted digital and industry campaigns.
High growth potential by expanding the regular customer base into windows & aluminium, marble & granite, and by adding consumables and small equipment to the product range.
Premises arrangements include a long-term lease opportunity on a site owned by an associated entity, plus additional warehouse capacity.
Significant barriers to entry: capital, specialised knowledge, supplier relationships and reputation would take a new entrant an estimated 3–5 years and substantial investment to replicate.
History
Established in 2005 and has been owned and operated by the current owner continuously since inception. Over the ensuing years the company has invested in extensive plant and equipment to support its current range of manufactured and imported products.
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