Internal Ref: WL842
Summary
Outdoor Surface Solutions FIRST TIME FOR SALE EVER (AFTER 38 YEARS) – EST 1980’s – HIGHLY PROFITABLE BUSINESS!
Revenue
$15,578,494 pa
Net Profit
$1,110,666 pa
Potential
Whilst this business is extremely well established with an excellent reputation, there is a massive opportunity to acquire additional market share.
Hours
Currently between Monday - Friday, normal business hours
Lease
All lease information for all premises will be provided in detail within the IM, once an NDA has been signed
Employees
Owner works approx 10 hours per week. His main focus is strategy and direction. The business is largely under management. Full staff information available upon request
Reason for Sale
Owner seeking well deserved retirement after 38 years
About the Business
Outdoor Surface Solutions
FIRST TIME FOR SALE EVER (AFTER 38 YEARS) – EST 1980’s – HIGHLY PROFITABLE BUSINESS!
Owner started this business from scratch in mid 1980’s and now seeking well-deserved retirement. Having said that, he certainly has enough “fuel in the tank” to energetically provide comprehensive handover to new owner. Currently under part management, and largely operated day to day by the operations manager. Owner spends most of his time at his interstate “home away from home”, and currently spends around 10-strategic hours working on the business per week.
Business has enjoyed significant growth over the past year, and has good foothold in the industry, still enormous room for further growth.
With more than 38 years industry experience, their reputation for great service & reliable workmanship is a cornerstone of this business and has resulted from hard work & determination to produce high quality finished products.
* Genuine reason for sale–owner wishes to prepare for a well-deserved retirement
* Extensive training and support period will be available to ensure smooth transition and minimal disruption for an extended period. Owner willing to stay on for a period
* Strong organisational structure in place with highly competent operations manager who basically runs the business day to day
* Owner’s involvement is more on a week to week basis emphasising on financial decision making and weekly management, strategy and long term planning
* Strong well-established name that's respected in the industry by customers and competitors alike
* Solid revenue base with YOY growth can be demonstrated over many years
* Extremely profitable business - sound financials and tax returns available to support the figures – excellent cash flows
* Plant and equipment well maintained
* Premises owned and hence long lease is available or the purchase of the premises can be negotiated. Spacious warehousing and spacious offices
* Ability to produce a wide & varied range of products to a high standard of quality.
* Opportunity to leverage off existing skills and equipment to expand product offering.
Full financial information with explanations will be provided once buyer completes NDA.
Consolidated revenue and profits:
FY’24 Revenue: $15,578,494 (significant increase)
FY’24 Profits after owners wage: $1,110,666
Price: $3,800,000 + SAV
An absolute GEM, which ticks many boxes! Please contact Warren Levy for further info – [email protected] / 0414 474 777
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