A Sydney based and Australian owned and operated marine engineering specialists who have been serving local and International markets since 1912.
They are specialists in the manufacture, supply and repair of marine propulsion equipment & stern gear. Through a long association with the Australian marine industry, their highly experienced staff continue to produce premium quality standard and customised products with friendly personal service and advice.
As specialists in their field, this business has seen continuous growth over time as they strive to offer quality products and services and provide their customers with positive sales and after sales experiences. This has resulted in the development of strong relationships with their client base as is evidenced by the loyalty they have received over the past years and continue to receive today.
Sales $1798000
EBITD: $475000 after owner's wages
Key Features:
Established in 1912 with a reputation for quality and reliable service.
This business services many wholesale and retail customer groups annually.
The owner has increased the customer base mainly through referrals - limited marketing has been done.
5 days per week only unless there is emergency work.
Very stable business model with years of consistency with the current clients.
The service is an essential speciality service needed by their commercial and independent clients.
An established business, with clients situated throughout the Sydney region as a well as interstate.
Concentrated client base enabling effective time management.
Service industry that cannot be exported overseas or disrupted by the internet.
The business provides essential marine services.
Enormous scope for scalability if a new owner wishes to further expand services offered in other areas or regions.
Leading supplier of propellers, shafts, couplings, rudders, and skegs.
Owner available for handover assistance.
