Manufacturing Camping Caravanning & RV Accessories

• ID2207
• Revenue$921,543
• Net Profit$295,931
• Stock At Value$40,000
• IndustryImport/Wholesale/Distribution, Manufacturing

Summary:

Well-established manufacturer with a product that services campers, caravans, and RV owners. Product is developed in exclusive partnership with marketing organisation supplying Australia’s largest national camping and outdoor brands.

The best is still ahead for this great business.

Results for the last 11 months (calendar year) are sales of $1.1 million up 95% year on year and profit was $313,013 up 267%.

Potential:

This is the tip of the iceberg with over 100% growth year on year. Expectations that this will grow by at least 25% or more this year, which is conservative as a national chain has only just come onboard. New Colour options about to be introduced are expected to have a significant impact on growth, so don’t miss an exciting opportunity.

In the first six months of this financial year, the net profit is $175,333 compared to the first six months of last year of $90,566.

This business needs to be seen to be believed, you will not be disappointed.

Skills:

Fully staffed and operational so just an overseeing role.

Hours:

Monday to Friday 8 am until 4 pm

Lease:

The business has just (December 21) moved into a purpose-built manufacturing facility on a 2-year lease with an additional 2-year option available.

Employees:

9 employees with all the skills required for day-to-day operation of the business.

Reason For Sale:

Health.

More About The Business:

The business was originally spun out of one of the Gold Coast’s largest flooring businesses to manufacture flooring products and do smaller flooring jobs. The current owners purchased the business four years ago and embarked on a rebuild and focus on new products. As part of the purchase, it inherited a customer with a brand-new product based on artificial grass mats. Over the past four years, revenue from the grass mat company has grown from $600 per month to over $170,000 per month. This business has facilitated and enabled the growth by developing the skills, equipment, and technology to be the largest manufacturer of its type in Australia. The product is high quality and has an astounding level of customer loyalty.

As part of the growth, they have taken on importation of manufacturing inputs, substantially lowered its cost of production and developed significant economies of scale. In December, the business dropped other revenue streams to focus on the exclusive production of grass mats to enable supply to one of Australia’s largest outdoor retail chains.

The distribution partner has a solid marketing platform, a diversified range of clients and is achieving astounding growth with sales having doubled in the past 12 months and Australia’s leading outdoor equipment chain taking on the product in December 2021.

The two businesses have an exclusive dealings arrangement that will be presented as a written document with the sale.

The future looks exceptionally bright so an enquiry will not disappoint.

History:

Established over 40 years. Current ownership 4 years.