Reason For Selling
The sellers are seeking retirement.
Brief Description of Business
A successful and well-established premier audio parts business that provides high-end quality products for commercial clients. It has many multi contracts in place and large clientele of happy repeat customers. They also have a direct relationship with a major OEM as a full sales and manufacturing provider.
They are one of the world leaders in their market and have very few competitors. This company attracts business from Europe companies and Asia markets. There is no one other company close to being in a similar value position as they are.
These assets present the opportunity to acquire a warehouse/ purpose-built manufacturing facility together with a vast know-how to produce a specialised and unique product. The company operates with high margins and a small long serving and stable management Team.
Vendor will provide hands on training to ensure a smooth transition. The current founder/owners believe there is significant growth potential for the business and the opportunity to introduce other parts to their customer base.
Category
What Makes This Business Attractive
- It has many multi contracts in place and large clientele of happy repeat customers.
- This company attracts business from Europe companies and Asia markets.
- There is no one other company close to being in a similar value position as they are.
- The company have very few competitors