Listing ID: 1408
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 68 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
-10 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 easily 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
Willoughby, New South Wales 2068