Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
This business established in 1971, has been providing to the marine and boating industry around Australia, NZ and the Asia Pacific Region for the past 45 years with high quality marine and industrial equipment.
Key products include: Marine diesel engines, acoustic cleaning, compressors, cranes, drive plates, instruments, propellers, pumps, rudders, steering gear, thrusters and more.
There is an extensive national & international data base of clients including ; boat builders, boat repairers, boat owners, Royal Australian Navy, Sydney Ferries, Australian Railways , Svitzer, Stannards,Captain Cook Cruisers, Rio Tinto, Sea Swift, Mermaid Marine (WA), to name a few.
They also supply navigational charts and publications, navigational instruments, Boat Codes (HIN) through there affiliated company Chart Room.
The owners are retiring, the business has annual sales of $1m+ however they are slipping due to the fact that the owners are not keeping the business ramped up marketing wise. They are not keeping abreast with new business emerging and opportunities developing and realise new energy is needed to keep the business alive.