Australian Manufacturer Of Recreational Vehicles – Vic

Business For Sale BS145273, Melbourne, Victoria 3000

Business Category Engineering Manufacturer

$1,500,000

Description

Australian Manufacturer Of Recreational Vehicles – Vic

Business ID: BS145273

FY2021 Adjusted Profit to exceed $600,000 – Sale Price $1.5 million plus stock

This profitable business is a niche caravan manufacturer based in Victoria with annual revenue of between $8 to $10 million. The business has a network of caravan dealers/retailers and has a strong pipeline of forward orders. The adjusted profit for FY2021 tracking towards the range of $600,000 to $700,000, excluding any government grant and Jobkeeper payment.

The current owner is responsible for the overall management of the business, supported by a team of employees in the design and manufacturing of its own range of caravans.

COVID Impact in May 2021:

For the May 2021 COVID restricted trading period in Victoria, Caravan manufacturers are allowed to continue operating under a COVIDSafe environment.

Highlights:

- The recreational vehicle industry in Australia is estimated to be worth between $2 to $3 billion annually
Annual Revenue of close to $10 million (FY2019)
-Business has a reputable brand in a niche segment of the industry
-Products have extensive features and innovation to meet market expectation
-Selling only through dealers/retailers
-Online product reviews and coverage of the models
-Annual production capacity of around 200 units
-Business has a team of experience employees and contractors
-Quality design with products made using its own manufacturing process

The owners are selling this business due to health and lifestyle reasons. They will provide the support and training to ensure a smooth transition for the new owner.

The business will be suitable for:

• Owner/manager seeking an established manufacturing business within the exciting Australian outdoor recreation industry that they can take over and grow
• “Bolt-on” for a business within the caravan/recreation vehicle industry that seek to take advantage of the established brand, skilled staff and substantial forward orders

Asking Price: $1.5 million plus stock
Contact Seller
Xcllusive Business Sales

Bsale ID: 542397
Broker REF: 6473130

Xcllusive Business Sales Pty Ltd
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