Business For Sale Melbourne VIC Region, Victoria
Business Category Auto Electrical Electrical Manufacturer Engineering Manufacturer
$1,600,000 + SAV & WIP
Automotive Wire Harness Manufacturer
This business is a manufacturer and supplier of electronic wiring assemblies; supplying product primarily to the aftermarket automotive market.
The business provides customers with an array of services from inception to complete manufacture of product to the customer’s specified design. Services include sourcing components and product, technical support, prototyping, modifications of existing product, as well as various contract packaging services.
The business has the flexibility to manufacture small runs and also the capacity to produce or source high volume orders.
• Manufacture of electronic wiring assemblies.
• Production of completed PCB’s (Printed Circuit Boards).
• Sourcing and procurement of automotive accessories.
• Technical Support.
Regular, repeat OEM and automotive parts manufacturers and distributors customer base, primarily B2B customer base.
• ISO 9001 Accredited for Quality.
• Strong gross profit margins (3-year average 49% GP)
• Strong client relationships.
• Steady turnover over the long-term - stable, strong business with a platform to grow further with new injection of energy under new ownership.
• Strong sales in FY2021 YTD to Feb indicating underlying resilience of business throughout COVID-19.
• Quality & Engineering Manager full time employee with technical expertise inside the business.
• Full time Logistics Manager.
The current owners are ready to help in transition to new ownership over an extended period if necessary.
Asking Price: $1,600,000 + SAV & WIP
Further information can be provided to suitable parties on completion of a confidentiality agreement and discussion.
*Images displayed are illustrative only and not images of the business itself or business equipment.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.