Business ID: XB158595
Adjusted EBITDA $300k+, Extremely strong profits and cash flow
Leading supplier throughout Victoria for all industrial sewing needs including truck tarps, shade sails, awnings, and blinds. The product range also includes ute tarps, boat tarps, canopies, caravan annexes, and air conditioner covers.
Located in central western Victoria, the business operates from impressive premises consisting of a large factory, office, and showroom.
- Business first established in the 1980s
- Has forged strong relationships with customers and suppliers over several years
- Highly skilled and experienced team performing industrial sewing, welding, and administration
- Strong and consistent growth in sales and profits
- Diverse base of customers spread across residential, commercial, local councils, schools, and community centres, predominantly throughout western Victoria
- Business operates 5 days per week, Monday to Friday
- Flexible and long-term lease available
- Extensive list of Plant & Equipment included in sale price
The current owners are ready to scale back from business as part of a retirement plan but are committed to ensuring a smooth transition of this business to a new owner. Full training and handover available.
Overall benefits to be enjoyed by the purchaser of this business:
- Business has a very strong reputation within Victoria
- Excellent relationship in place with customers and suppliers which will lead to opportunities for years to come
- Strategic geographic location with excellent highway exposure, convenient access to all major western Victorian towns, well designed and spacious factory
- Extremely strong profits and cash flow that have allowed the current owners to accumulate wealth over an extended period
Asking Price: Offers of $1,100,000 plus Stock at Value are being sought from the market.
Property Code: 4095
