Business Display

New South Wales, New South Wales

Multi-Million Dollar Fiberglass Business

Price: $1,350,000 + SAV
Listing ID: 1419

BUSINESS DESCRIPTION

T/O approximately $3.0 million a year.

Well known and highly respected in the fiberglass industry, this successful business in NSW would be an excellent acquisition for a similar company looking to expand or an appropriate investment for a person looking to migrate to Australia.

Established for 69 years, this family-owned operation specialises in the sale of fiberglass raw materials and associated ancillary products to a wide range of trade, wholesale and retail customers, and is currently turning over approximately $3.0 million a year.

-Established links with Australian and overseas suppliers of a broad range of products that appeal to boat builders and repairers, manufacturers of fiberglass moulded products and retail customers

-Large and regular client base

-Currently operating through three trade centres within the Sydney area, plus another trade outlet on the central NSW coast

-8 full-time employees

-Running stock of around $600,000

-Excellent reputation for quality of product, attention to detail and good customer service

-Solid profits and substantial growth over many years

-Advice and guidance from an excellent and experienced technical support team is always available

-Could be run ‘under management’, having all the required systems and operational procedures in place

-Purchase price includes plant and equipment valued at $200,000

Lightweight and flexible fiberglass is extensively used throughout the automobile and trucking industry, plus many other wide-ranging industries, so it’s no surprise this business shows consistent growth.

If you already have experience in the industry, or you’re seeking a successful hands-off investment opportunity, this is worth further investigation.

Price: $1,350,000 + SAV

BUSINESS FEATURES


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New South Wales, New South Wales