Niche Business Selling Specialised Accessories Australia-wide to Power Companies.SOLD

Niche Business Selling Specialised Accessories Australia-wide to Power Companies.

• Currently turning over $600,000 annually, this niche power equipment business has been trading since 1998 and has grown tenfold since it was established. This growth has occurred by providing specialised visibility and safety accessories to the power industry Australia-wide.
• The company has an excellent reputation and sells to Power companies’ contractors and wholesalers in all states. This conservative industry is hard for new suppliers to break into which limits competition. The company is currently in Byron Bay and has to be relocated; either to a small warehouse or integrated into an existing company and could operate from anywhere in Australia as customers do not come to the premises.
• Some of the products sold include power line and tower markers including warning flags, bird diverters, firefly deterrents, LED obstruction lights, safety and visibility labels and a variety of items that protect the power company’s assets and wildlife. Included in the asking price is the company’s goodwill consisting of all contacts, supply contracts, a highly ranked website, dies and tools & know how and most important; a well-known name. Price is plus stock. 
• There is however still plenty of opportunity to grow this business to the next level by enhancing the management systems and quality control, and by actively pursuing new products to sell to its existing customers. Ideally the new owner would have some experience working for a power company or a contractor in this field.

Code QB10-008

Asking price: $575,000 +SAV