Internal Ref: LF216
Summary
Well established (over 50 years) importer and wholesale distributor for the collision, marine and fiberglass industries.
Location Details
South East
About the Business
Well established (0ver 50 years) importer and wholesale distributor for the collision, marine and fiberglass industries. Over 200 B2B and direct customers located Australia wide many with trading relationships extending over 30 years.
Exclusive Import and Distribution arrangement across a range of high-quality global brands of chemicals, adhesives, coatings and ancillary products for the above-mentioned industries.
• Sales in excess of $2.6M
• Gross profit is over 32% with low overhead costs
• Owner works only 20-25 hours per week
• Well trained staff in place who will stay on
• Cloud MYOB accounting system
• Excellent cash flow with no bad debt
This acquisition is perfect for an owner-operator or a bolt on opportunity for an existing Industrial Distribution business.
There is strong scope to scale the business through expanded product range and online sales channel. Potential to distribute several existing products to NZ and Papua New Guinea.
Owner transitioning to retirement but will provide full handover and training to ensure continual success of the business.
ASKING PRICE $995,000 + SAV ($400,000)
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