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Business ID BS5278

World Leader in Protective Coatings for Industrial Applications For Sale

Profits to (almost) non working owner $180K+. Sale Price $452K plus SAV

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Australia's only manufacturer of latest technology protective coatings supplying the automotive, building, marine,mining and defence industries. Market leader in price point, performance and longevity. High margins and low operating costs.

Business Highlights

  • High dollar barrier to entry for competitors
  • Worldwide Trademarks in place
  • International expansion possible
  • Additional products ready for introduction
  • Products typically priced 20-30% below competitors
  • Gross Margin 55%+
  • Business easily relocated to any industrial location
  • Low level of complexity in operations
  • Only 2 staff (warehouse/admin)
  • Generating $180K income for owner on 'autopilot'

The current owner will provide one months training in the current warehouse location to fully familiarise the new owner with all aspects of the business. Ongoing telephone support will be available. The current owner will enter into a non compete agreement for Australia and NZ for a period of 2 years.

The business is suited to a mix of buyers. The business can continue to generate good revenues with minimal input from the new owner or an energetic person with a flair for business development has the opportunity to gain greater market share here and develop international sales

The business is for sale for $452,000 which includes plant and equipment as well as all product formulations. Stock at valuation is an additional cost and is estimated to be $100,000.

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Business Sale Price:
SOLD
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