Xcllusive Business Sales Phone : 02 9817 **** Xcllusive Business Sales
02 98 ****

Multi-Million Dollar Fiberglass Business

Listing Id : 248108

Location : New South Wales

Category : Engineering, Building and Construction

Asking Price : $1,350,000 + SAV

Business description

Business ID: CTOC1419 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

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