This long established Company is well known and highly respected in the Fiberglass Industry and would be a suitable acquisition for a similar company looking to expand or an appropriate investment for a person looking to migrate to Australia.
Established for 70 years, Fiberglass A/Asia Pty Ltd, a family owned Company specialises in the sale of fibreglass raw materials and associated ancillary products to a wide range of trade, wholesale and retail customers.
The Business has minimal overheads, has 8 full time employees, a turnover of approximately $3.5 Mil and operates with a running stock of around $600,000.
The Company has over many years established a large and regular clientele through quality of product, attention to detail and good customer service. Advice and guidance from an excellent and experienced technical support team is always available.
The Company operates through 3 Trade Centres within the Sydney area plus another Trade Outlet on the Central Coast of NSW.
The Business has links with Australian and overseas suppliers of a broad range of products that appeal to boat builders and repairers, manufacturers of fibreglass moulded products and general retail customers.
The use of lightweight and flexible fibreglass has found wide application throughout the automobile and trucking industry, plus a great number of other industries. With substantial increases in production and solid profits this business has continued to grow every year.
The Business is easily run having all the required systems and operational procedures in place. The purchase price includes plant and equipment valued at $200,000.
Expressions of Interest are sought for what would be a great purchase for someone already in the industry, or operated under management by a person seeking a successful hands-off investment opportunity.
Further information and financial details would be provided after confidentiality requirements have been completed.