Owner retiring and selling two dynamic 4x4 suspension businesses in the Newcastle, Maitland and Hunter Region, with the option to purchase the industrial shed to operate from or the new owner can relocate the businesses if they wish.
Established in 1999 Climax Suspension has been a major distributor of King Springs, Koni Shock Absorbers, Bilstein Shock Absorbers and Airbagman Air Bags. Climax specialises in the sale of integrated supension systems, GVM upgrades and towing capacity upgrades for the touring and recreational 4x4 market. Climax also sells to the trade and retail.
Established in 2020 Beast 4x4 specialises in the importation and distribution of 4X4 products inc Control Arms, Diff Drop Kits, Australian built and imported shock absorbers. Beast specialises in suspension lift kits 2-4" for the 4x4 enthusiast and sells to the trade and retail
Fitting of the suspension is performed by a local workshop and the annual turnover not included in the sales figures is approximately a further 100-150K. A workshop can be added to the existing business quite easily.
This is a family business and consists of a sales manager, warehouse manager and part time book keeper.
Total size of the Industrial shed is 310 SQM and consists of:
195 SQM of warehouse.
35 SQM of office space.
35 SQM of showroom.
48 SQM of mezzanine.
Annual turnover for both companies is $820,000
Gross Profit for both companies is $260,000