Long Established Industrial Workwear and Safety Gear Business with Blue Chip Client Base

Description

Business type: industrial workwear and safety gear supply

Trading history: more than 60 years

Asking price: $580,000 including stock and fixtures & equipment

Financial performance

Annual revenue: approximately $1.5 million

Owner net income: approximately $300,000

Potential order pipeline: approximately $2 million

Customers

Corporate clients: established

Mining clients: established

Government clients: established

Emergency services clients: established

Aviation clients: established

Customer base: long term

Products and services

Industrial workwear: supplied

Safety gear: supplied

Custom branding: established

Embroidery: established

Printing: established

Major brand accounts: established

Sales channels

Retail sales: established

Online store: established

B2B sales: established

Assets

Stock value: more than $250,000

Furniture, fixtures and equipment: more than $100,000

Embroidery and printing setup: included

Retail fit-out: included

Company car: included

Operations

Business location: relocatable

Immediate takeover: possible

Growth

• Expand e-commerce nationally
• Target corporate and industrial contracts
• Increase in-house customisation
• Add sales representatives
• Pursue corporate and government tenders

Transition

Handover: four weeks

Sale reason: seller relocating overseas