Profitable, Australian Made, Market leader - nets $212k for Working Owner

15 days ago

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Internal Ref: 9083

Summary

Established over 15 years ago as a hobby, this business has grown organically to become a market leader in one of the world’s fastest growing marine recreational sports – Free Diving.

Net Profit

$212,000 pa

About the Business

Profitable, Australian Made, Market leader - $212k for Working Owner
Establish over 15 years ago as a hobby, this business has grown organically to become a market leader in one of the world’s fastest growing marine recreational sports – Free Diving.
Free diving is experiencing significant growth, both as a recreational activity and a competitive sport – recent research forecasts an annual growth rate of 8.6% up to 2033. This is fuelled by increasing interest in adventure sports, a desire for mindful activities, and advancements in free diving equipment and training.
The equipment is manufactured and assembled in modern premises with the majority of products sold through stockists supported by strong online sales. A testament to the quality, uniqueness and competitive strength of their product is that there has been no attempt at business development. The power of the best type of marketing – word of mouth – has worked for them with national and international stockists requesting to be re-sellers. The biggest names in Australian marine sports retail, stock their product with international stockists located from the USA to the Philippines.
The capacity to design and manufacture one-off/small run, composite components has led to unsolicited requests to produce products for a diverse range of markets including motorsport, marine and aerospace.
It is important to note that, although the business traditionally functions with an employee for the composite manufacture, the owner is confident that someone who is relatively practical, training for this process would only take approximately two weeks.
The growth potential is real, demonstrable and cannot be overstated. To deliver on the potential this turnkey business offers, does not need further financial investment, just an energetic, social media savvy owner.
The freehold of the modern premises, which are located in a prime position, may be available.
$255k + SAV
Eamonn Bicknell: 0452 321 954

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