Australian Pool Manufacturer

Price: $2,000,000 Location: Western Sydney, NSW Ref: 4232022
Agent:
Antony Dutton
Agent Phone:
Office Phone:
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Business Headline :
Australian Pool Manufacturer
Price :
$2,000,000
Category :
Services, Industrial/Manufacturing, Pool/Water, Manufacturing/Engineering, Building and Construction
Full Description :

This Sydney-based company is a manufacturer of fiberglass pools and spas since 2000. The company owns over fifty pool mould models with a replacement cost estimated to be seven figures. It sells a small number of pools to residential house owners directly. The vast majority of sales are through commercial pool installers (agents) in the NSW market with little spent on marketing.

Key Features:

  • 2018 FY OTE = $450K EBITDA
  • Located in the #1 pool market in the country
  • The warehouse is fully equipped with nothing to spend
  • Potential to increase manufacturing output by 300% in current facility
  • Great reputation and known for quick service
  • Owns over fifty fiberglass pool and spa moulds
  • Strong and long-term reveneue year on year
  • Sells mainly wholesale to dealer agent accounts
  • Wholesale is mainly all repeat business
  • Sales: 90% wholesale; 10% retail
  • Small number of employees

Potential:

  • Open a maintenance division
  • Open an installer division
  • Develop a franchise network
  • Sell to more local retail including opening factory to weekend sales enquiries
  • Expand sales channels to developers of housing estates, apartments, and other authorised pool dealers that serve major cities on the east coast of Australia
  • Grow number of dealer, installer and wholesale accounts
  • Improve internet presence and online marketing
  • Implement dedicated sales team
  • Export fiberglass pools to high-demand market outside of Sydney
  • Move existing manufacturing facilities further out of Sydney saving up to estimated 66% on rent PA.

Headquartered

St Marys, NSW, 2760

Market Currently Served

The majority of end clients are middle to upper class home owners that are serviced through authorised pool installers in the Sydney metro, NSW Regional and Victorian markets.

Real Estate

The company owns freehold the manufacturing facility, covering 9,548m2. The property can be included in the deal if desired for $6,500,000.  The owner can proivde a flexible lease including exit if desired.

Shareholder/ Owner Objectives

After 35 years, the Owner is retiring.

 To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4232022#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4232022#enquire-now

Annual Rent : $300,000 - Weekly Rent : $5,769

Annual Turnover : $2,400,000 - Weekly Turnover : $46,154

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : $450,000 - Weekly Ebit : $8,654

Premise : New lease to be provided

Lease Option: 5 years

Total Land Area : 9548 Square Metres

Total No of Parking : 10

Franchise : No

Approximate Stock Value : $90,000

Year Established : 2000

Days Trading : 5

Staff : 3 Full Time - 2 Part Time

Staff Salaries : $330,000

Reason for Sale : Owner is retiring after many years in this business

Location : St Marys, Sydney

Business Potential : Exentive Opportuntiy to Grow Market Share via Wholesale Pool Agents and Direct business

Parking Comments : 10 cars - Plenty of parking available on site

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