Business has gone from strength to strength growing top line revenue and gross margins during a time where most of those operating within the industry have struggled.
Other industry dynamics make this opportunity an even more attractive proposition and the vendor is willing to consider an extended handover for the right purchaser to reduce any perceived risks whilst they come up to speed with the operations and industry.
Highlights of this opportunity are summarised as follows:
The business has demonstrated it can perform strongly in both up and down markets.
It is well positioned in the industry with limited direct local competition.
Industry dynamics have made this business even more relevant and attractive over the past 12-24 months.
Whilst the current vendor is knowledgeable about the industry, operationally the business is run day to day by the current management team allowing him to regularly take extended offshore holidays with very limited need for contact.
The business is expected to deliver EBITDA in excess of $900,000.
