Specialist Electrical Product Manufacturing & Distribution: Australasia $2m

Canberra ACT
Asking Price $2,000,000
Rare opportunity to acquire an electrical product manufacturing and distribution business with operations in Australia and New Zealand.

The business operates in Australia and New Zealand and focuses on the electronic component market including the information and communications technology (ICT) sector which is growing strongly. Due to this focus, the business performs well during all phases of the economic cycle.

The Australian distributor is currently based near Sydney but has the flexibility to be based in any state or location. The New Zealand operation is based outside of Wellington in the Lower Hutt region.

Long track record and an excellent reputation for high-quality, durable and compliant products

The New Zealand operation was established in 1996 and manufactures and markets an extensive range of off-the-shelf and bespoke electrical products. All products are manufactured to a high standard and fully comply with Australian and New Zealand regulations.

The product range has been developed over 26 years and this has enabled the company to build a strong reputation for custom-manufacturing to exact client specifications. This is
achieved with skilled staff and in-house manufacturing, resulting in fast order turnaround and excellent customer service. A large proportion of business comes from satisfied repeat customers.

The Australian arm of the company was founded in 2013 and is the exclusive supplier of the specialist product range. As one of the few suppliers in this sector, the business has a high- quality and loyal customer base.

Quality customer base, consistently high profitability

The customer list for both businesses includes many recognisable names in Australia and New Zealand. Clients include data centres/server room installers, financial institutions, ICT, defence, aviation, film production, and various other high-end users. These clients are typically focused on quality and service, not low cost. This supports the high profit margins of the business. These average around 30% across the product lines.

Over $2Mn of combined turnover and growth opportunities for a new owner

Both businesses have been maintained at a scale that suits the working founders. With a modest investment in sales, revenue would increase significantly. Manufacturing can easily be relocated to Australia or remain at the New Zealand location, subject to the buyer’s preference.

If required, the owners would assist in implementing these strategies and any other transition requirements.

With combined revenues over $2M, the businesses would be an excellent addition to a manufacturer of products in the electrical and electronics sector, or an individual seeking an established and highly profitable business with significant growth prospects.

Acquisition of these businesses will require investment in the order of $2Mn (AUD)

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Finn Business Sales
Ref Num: 7774812
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