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UNDER CONTRACT | Niche Precast Concrete Product Manufacturing Business
Internal Ref: 107304
Summary
This very successful niche business is a leading manufacturer, distributor and retailer of wearable law enforcement products.
Revenue
$1,900,000 pa
Location Details
Services East Coast Australia
Potential
This business growing and primed for future expansion, presenting an excellent opportunity for an investor to elevate it to new heights.
Reason for Sale
Planned retirement of owner.
About the Business
Revenue: $1.9m
EBIT: $555k
This very successful niche business is a leading manufacturer, distributor and retailer of wearable law enforcement products.
Operating for almost 3 decades, it boasts almost half the market share in its State.
Holding a unique position in the market, it manufactures a comprehensive and highly specialised product range and has custom order capabilities.
Its rapid turnaround and impressive delivery times make it a standout amongst its competitors and keep its blue-chip customer base returning.
Key accounts include leading government and private law enforcement agencies.
This presents a compelling opportunity for investors as the industry is currently experiencing strong growth. This is reflected by strong FY24 sales results, which increased by 28% and higher than average profit margins.
This business is primed for future expansion, presenting an excellent opportunity for an investor to elevate it to new heights.
Key investments features include:
• Established for 38 years with a trusted industry reputation.
• Poised for further growth within its region and interstate.
• Established relationships with repeat customers.
• Diversified product range.
• Capability to design and create custom prototypes.
• YoY growth.
• Ballistics Storage unit available.
• Loyal and skilled staff.
• SAI Global 9001-2015 Certification.
The current owner is approaching retirement but is willing to remain with the business for a transitional period to ensure a seamless handover.
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