Internal Ref: RB 347
Summary
Fiberglass Manufacturing - Sydney Established 1993 Revenue: $2,200,000 Profit: $200,000 - normalised Price: $499,000 negotiable + stock Stock: $150,000 approx.
Revenue
$2,200,000 pa
Net Profit
$200,000 pa
Reason for Sale
Retirement
About the Business
Fiberglass Manufacturing - Sydney
Established 1993
Revenue: $2,200,000
Profit: $200,000 - normalised
Price: $499,000 negotiable + stock
Stock: $150,000 approx.
A niche manufacturing business that specializes in high quality fiberglass and composite components for a large range of industrial and commercial applications.
Clients include;
• Defense – torpedo tubes - image above
• Transport – Busses and RV’s including collision parts for trains and busses
• Architectural industry – building & business facades
• Sport Recreation – Dias, Commercial Ice Baths
• Government – CSIRO
• And many others
You see, the main focus of this business is the manufacture and design of moulds for new & repeat clients Australia wide.
There is no marketing or advertising strategy and indeed all work comes in by word of mouth.
There are contacts or orders in place till 2027 worth approximately $450k - $500k.
There is a significant moat around this business as the cost of moulds can vary from a few thousand dollars to tens of thousands. There over 200 moulds that the business owns currently which is a significant asset for the business.
The reputation, consistency of quality and momentum this business has built up over the many decades has ensured that this business is an intrinsic part of the business infrastructure for diverse industries that require customized & specialized work.
Excellent opportunities exist to keep expanding and growing this business by focusing on the commercial area of the business and online marketing. The vendor is happy to provide this information at a later stage.
The vendor works 3.5x days per week. Existing loyal staff that are competent, reliable and trustworthy and can certainly run this business whilst vendors are on holidays which they have taken many weeks at a time for many years.
For more information please contact Rad Benicky on 02 9413 2977 or email [email protected]
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