Location:
Adelaide - Greater > South Australia
Investment level:
$1,250,000
Type:
Business
Industry:
Commercial Services > Manufacturing, Wholesale & Distribution > Engineering
This Natural Stone distributor offers the experience, top quality products and Sydney showroom location to hit the ground running. Stock valued at $1.4M included in asking price.
The business is being sold so the owners can focus on enjoying a well-deserved retirement following a long and successful career.
The business offers more than 30 years of experience in the niche Natural Stone and ceramics import and supply industry. The business is a market leader offering products for projects both big and small. The business has made a name for themselves offering superior quality products supported by excellent, end-to-end service starting with the design phase and extending through post-sales support.
Investment Highlights:
• 100% Australian owned and operated
• Asking Price INCLUDES all Stock currently valued at $1.4M
• Business sale price includes all assets related to the business including inventory, machinery, equipment, intellectual property, customer database, supplier contacts and goodwill.
• The business is a trusted and reliable supplier of Natural Stone and ceramic slab products
• Products are used for a broad range of commercial, residential and landscaping projects
• Excellent reputation and market position
• Extensive and diverse product range of stone offerings to meet every project need
• Company culture committed to superior quality and customer service
• FY23 sales > $3.7m including an EBITDA of $320k
• A team of long-term industry experts
• Loyal customer base sourcing more than 40% of repeat customers
• Diversity of international suppliers from Italy, Spain, Turkey, Greece, Germany China and Vietnam
• Numerous growth opportunities identified associated with the ban on engineered stone effective July 2024 and the preparations underway for the 2032 Brisbane Olympic Games
• A 1,500 m2 warehouse including a 250 m2 showroom and offices ideally located in a central Sydney, NSW location
• Hundreds of slabs in stock at the showroom location allowing customers to touch, feel and explore the diverse range of products
The business is being sold so the owners can focus on enjoying a well-deserved retirement following a long and successful career.
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