Our Ref: 24078

$2,500,000 PSAV

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OVERVIEW

Originally established in the mid-1980s this unique and highly successful business specialises in the design and manufacture of components and devices used in LV electrical switchboards and motor control centres. The Company employs around 15 people engaged in management and support, accounting, engineering, design, machining and assembly. Most components are sourced from local businesses.

DESIGN AND MANUFACTURE OF PRODUCTS

All products currently being sold are designed in-house. The company has built up a comprehensive library of CAD blocks of most new and old ACBs used in Australia. These form the building blocks of the designs for the various combinations of retrofit and installation kits for ACBs.

TESTING AND CERTIFICATION

The company holds up to date test reports to Australian/New Zealand Standards for all of its products. These tests meet all compliance requirements for short-circuit strength, temperature rise, dielectric strength, endurance and flammability etc

QUALITY ASSURANCE

The company’s quality management system is certified to AS/NZS9001:2015 by Bureau Veritas Certification. The company engages the services of an experienced external auditor to review all processes according to schedule.

 

  • KEY FINANCIAL FEATURES INCLUDE:
  • Gross revenue circa $3.5 M per annum
  • EBITDA –  ( under management ) circa $750k per annum
  • Long established repeat client base comprising circa 150 active customers
  • Excellent revenue spread across customers with largest client accounting for less than 12%of revenue
  • Extremely well documented ensuring all trading information can be confidently demonstrated.
  • Excellent operating processes and procedures to ensure a smooth and seamless transition to the new owner and ease of management going forward
  • Huge potential –There is no advertising and very little marketing conducted by the current owners.
  • Quality plant and equipment through out
  • This is an excellent opportunity for an energetic and motivated owner to take over a proven and profitable business which has a strong and successful trading history and genuine growth potential

For More Details Contact:

Mr Lance White                                                            Or                                              Mr Nigel Gill
Lance@ascend.com.au                                                                                                   Nigel@ascend.com.au
0413 734 177                                                                                                                     0407 337 737

Business Agent

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Nigel Gill
0407 337 737
(08) 9480 3277
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