Business Summary
This manufacturing business is on the rise having experienced continuous year on year growth with huge potential to grow even further given recent legislation changes and the current international prospects and licencing opportunities driven by international patents and strong interest in products.
This business is proudly environmentally sustainable, certified organic and encompasses using recycled plastics as part of their manufacturing process, meaning that there is an R&D component to the business. Having been in operation since 2006 and owned by current owners for over a decade this business operates out of west Melbourne.
Smart business decisions saw the business upgrade, purchase new and conduct machinery maintenance during covid affected periods meaning they are now primed for the uplift and demand of their products, which they are already reaping the benefits of.
This business would ideally suit someone with a background in manufacturing or someone who has the willingness to learn the manufacturing process. Although it is currently run under management, with current owners residing interstate and having very little to do with the day to day running of the business, a new owner who is able and willing to assist with the manufacturing process could easily refine the process and improve efficiencies.
The total available market size for these products is truly outstanding with the luxury of being able to tap into multiple industries and awaken this sleeping giant. Opportunities for international licencing
Total Revenue:
FY 2020 - $1,223,92
FY 2021 - $1,427,739
FY 2022 - $1,652,593 (Draft)
Net Profit:
FY 2020 - $641,717
FY 2021 - $584,776
FY 2022 - $603,484 (Draft
Normalised EBITDA:
FY 2020 - $230,923
FY 2021 - $144,393
FY 2022 - $255,872 (Draft)
FME: $210,396
Equipment Value: $500,000
Asking Price: $899,753
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Property Details