Supplier To Major Companies - $850k Net !!!!

Business Sold Sale, Victoria 3850

Business Category Clothing Footwear Manufacturer

SOLD

Description

Supplier To Major Companies - $850k Net !!!!

Extremely well established, and huge future growth opportunities available.
Occupational Health & Safety is a growing industry and only getting stronger.
Preferred supplier of some big offshore companies with great customer relations.
This well established business that supplies Embroidery, Workwear and safety equipment was initially established more than 25 years ago, supplying products and equipment to local industry in Victoria.
Since acquiring the business in 2010, the vendors have significantly expanded the company's activities to supply and service the construction, mining, gas and oil industries, both interstate and overseas.
There are many corporate clients and huge further opportunity can be discussed on inspection.
Potential for much more growth is available.
A key factor in the growth of clientele during that time has been the outstanding service offered, in addition to being a reliable supplier of PPE Solutions.
With new high capacity embroidery machines, web based ordering, and direct access to the company's Directors, clients can be assured that their orders are valued and acted upon quickly.
Providing quality goods and services in a timely manner, so industry can meet their busy schedules and timelines is a key business driver and a key reason for our continued success.
Customer service is a top priority, and the current clients appreciate this.
As an agile, customer focused business - this well established business carries a vast inventory of high quality OH&S products and tailored to contemporary industry requirements.
An approachable and responsive retailer, we take great pride not only in the level of service we provide; but also our capability to source and deliver the full range of safety items.
Whether it is High Vis shirts, pants, overalls, footwear, fire-retardant, anti static or wet weather work wear, they supply it all.
Also a major supplier to many schools and supply the uniforms.
From signs to safety harnesses, whether it is in the field, corporate wear or chef's apparel, when it comes to all aspects of personal protective equipment we've got you covered.
They also supply chemical and spill containment, fire prevention, first aid and emergency response equipment.
The embroidery service is A1 with attention to detail regarded with absolute importance. As all embroidery and alterations are dealt with on site we are able to offer fast turn around times.
Huge plans for renewable power for the Gippsland region moving forward. This business has loads of potential growth
In Sept 2019, the Vendor was asked to find a solution for ESSO offshore operations in Bass Strait with a garment that would help in the survival time of their employees in a water rescue situation .
his is what the business prides itself on, not just being a retail store , but innovative in the market .
Other custom gear
Insect treated FR garments -PNG Oil and Gas
Thermal Coveralls - Oil and Gas
Custom Coveralls - Oil and Gas
Custom FR jackets - Petro Chem industry
Very strong financials available to qualified enquiries after an inspection and discussion with the vendors.
Approx: - 4 million turnover and approx 25% NET profit - this is due to the location of the business which is its major strength of the business.
The capital can be paid down in approx 3 years.
Due diligence must be done by potential purchasers and is welcomed by interested parties to substantiate financials before submitting an offer.
Extended hand over period available as Vendor will stay on to assist further growth for up to 6 months.
Finance available to approved purchasers. Price is NOT negotiable.
Quote BSV 0917 and call Michael NOW !!! on XXXXXXXXXX , or submit an enquiry.

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Michael Keltie

Bsale ID: 606072
Broker REF: 18644

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