- Manufacturer of Playpens 40 Years Australian Award Winner
- Australia Wide, Queensland, Sunshine Coast
- $420,000 plus SAV ($100k)
- ID2224
- Revenue$763,609
- Net Profit$177,685
- IndustryManufacturing, Online Business
Summary:
What a great business established 40 years plus and has transformed itself into a modern-day manufacturer of all natural products selling directly to the public online and, maximising profit from raw materials to end users.
Made from all-natural materials including locally sourced Mary River Pine.
A small number of young staff, lots of quality equipment, and a very streamlined operation making very serious returns.
Very short hours in a 4.5-day week.
Potential:
Further growth will come from online marketing which is the most popular method of shopping for this demographic. Other products may also be introduced.
Skills:
Would suit a person with a trade background. Better income than that achieved in your current role as a chippy, plumber or labourer. The current owner was a farmer.
Hours:
Monday to Thursday 6:30 am to 3 pm
Friday 6:30 am to 12:30 pm
Lease:
2 years or longer can be arranged
Employees:
2 casuals plus the owner
Reason For Sale:
Change after 15 years to take in activities with friends and family.
More About The Business:
This Kid’s product is made from timber panels with an Australian-designed interlock connection to allow for easy customisation. All products are expertly crafted and designed in Australia, made from sustainably sourced, all-natural Australian timber with no lacquers or finishes.
Unlike any other product, these meet and surpass all ACCC (Australian Competition and Consumer Commission) requirements and have ASTM (American Society for Testing Material) certification.
Everything is made on-site including cutting the timber to size, machining the interlock connectors, and clamping (no glue) packed and shipped. Customers pay before the goods leave the factory.
The product is delivered through either, Australia Post, Fast Way Couriers, or Couriers Please. Through an app, the owner can pick the cheapest delivery fee and decide accordingly. The customers pay the freight.
Raw materials are paid 30 days end of the month, so the product is sold, and proceeds are received before having to pay the supplier.
The product is sold online only.
The increase in sales came from appointing a marketing agency.
The other change in 2022 was that they significantly increased the sale price resulting in a much bigger gross profit and net profit.
The product won a 2023 Product Review Award for its category. This was a significant achievement for the brand and product.
History:
Established 40 years this owner 15 years.
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