THE GO-TO BUSINESS FOR SAFETY PRODUCTS FOR MINING and INDUSTRY

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NET PROFIT
$830,000 pa

money ico

PRICE
$1,690,000

stock ico

STOCK
$120,000

location ico

LOCATION
Perth Metro North

reference ico

REF NO
GMC013119/22

broker ico

BROKER
Glenn McTaggart

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Under Offer

Under Offer
Manufacturing
  -  
GMC013119/22

Key Features

  • Manufacturer of niche products supplying a growing industry
  • Significant opportunities to expand into other markets
  • Strong forward order bookings
  • Simple manufacturing processes
  • Loyal, well-qualified staff in place
  • Systems in place to allow owners to work low hours
  • Considerable opportunity for amplification and growth

$1,600,000 IN CONFIRMED FORWARD ORDERS

WHERE CAN YOU BUY A BUSINESS WITH A NET PROFIT OF OVER $800,000 FOR $1,690,000 PSAV

The 2021/22 financial year saw the net profit skyrocket to $979,000 after two subdued years during Covid, with a net profit for the 2022/23 financial year at $830,000.

$1,600,000 IN CONFIRMED FORWARD ORDERS!!

  • Repeat blue-chip clients
  • Associated industries have a strong outlook
  • The go-to business for niche products
  • Excellent loyal team in place
  • Specialist products with minimal competition
  • Excellent expansion opportunities
  • Could be run under semi-management
  • Excellent systems and processes in place

This business focuses on offering a diverse range of safety products to mining and industry clients.
The business has achieved a high level of success in the industry having established itself as the “go-to” business in a niche market.
The business has become the primary choice for mining companies and other businesses that require our safety solutions.
The business has developed streamlined systems and processes for producing top-quality products and services, thanks to the team of experienced and motivated employees and strong client relations.
The business has invested in new equipment and technology to improve manufacturing capabilities and have expanded the client base to include a range of businesses across different industries.
The products are bespoke to individual projects but the techniques are generally consistent, along with systems and procedures allow for the production of a very consistent product portfolio.
The client base are mainly large mining and industrial companies and major engineering companies that sub-contract to large mining and industrial companies.
Current confirmed forward orders are $1,600,000. With current outstanding quotes waiting for client approval are $850,000.
The company has implemented efficient systems and processes that automate many administrative tasks, allowing the owners to work shorter hours while still ensuring smooth operations.
With a strong reputation for producing high-quality products in a niche market, the business is well-prepared to capitalize on the growing demand for such services as the mining and industry sectors continues to expand.
The business currently does not undertake new product introduction or service development. This is an opportunity for the new owner to explore given the vast range of industries that the business is currently not servicing for safety  products.
Opportunities exist with industries such as –¬†Construction * Warehousing and Distribution * Manufacturing * Oil and Gas * Agriculture * Food and Beverage Production * Transportation and Logistics * Pharmaceutical Manufacturing * Chemical Processing * Defence
One of the businesses unique strengths is its reputation as the preferred supplier of safety products, built over the last 15 years through consistently high performance. As a result, clients also trust the business to provide other products alongside the core product range.
This business comes highly recommended and an astute buyer will recognise this rare opportunity.
To obtain the comprehensive Business Report contact the exclusive broker Glenn McTaggart to sign a confidentiality agreement.

Key Features

  • Manufacturer of niche products supplying a growing industry
  • Significant opportunities to expand into other markets
  • Strong forward order bookings
  • Simple manufacturing processes
  • Loyal, well-qualified staff in place
  • Systems in place to allow owners to work low hours
  • Considerable opportunity for amplification and growth

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