Distributor of Niche Technology Hardware Business - no technical knowledge required
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Operated predominantly under management and profits $750,000 to the owner (average last 3 years)
Business was established in 2003 and purchased by the current owner in 2011. The business is involved with importing and distributing of hardware for a wide range of applications including retail, commercial and industrial environments.
Clients of the business include Corporate's clients, SME, Charities and Government Departments.
Currently the business employs 5 staff in addition to the owner.
Business could readily be operated fully under management. This is a 5 day per week business operating from a very professional office/ showroom and warehouse at Norwest Business Park. There is also a smaller presence in Melbourne where a State Manager operates from.
Most functions other than sales, marketing and administration are outsourced including design, manufacturing, freight and logistics, internet marketing and accounting.
The owner advises the market for their products has increased year on year and further applications continue to be found.
Business is fully Systemised
Could be operated under management
14 years in business and good reputation
Growth Industry with more diverse applications being found every year
Business works with high profile clients and now seen as a market leader well position to take on larger more lucrative opportunities
Gross Margins circa 50%
Vendor is flexible with a handover and will assist in a smooth transition to new owners.
The business is fully systemised and could be operated under management if required. The business has a strong reputation of being a market leader in their field. The industry will see growth in future years as a more diverse application for their products develop. The business could provide a "bolt on" opportunity for someone in a related industry. One of the main features of the business is that it is readily scalable when large opportunities are won.
Asking $2,000,000 plus Stock at Valuation which represents a realistic multiple on recent years profits.