SOLD! Leading Camper Trailer and Caravan Business For Sale – VIC
Business on Track to deliver EBITD in the range of $1.2m to $1.5 m this financial year Asking Price : $2.5 million plus stock
Business Sale Price:
UNDER OFFER
Business ID: BS143808
Location: Melbourne
Type: Manufacturing
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SOLD! Leading Camper Trailer and Caravan Business For Sale – VIC
The business had undergone substantial restructuring over the last 12 months due to the impact of COVID from March 2020. It is currently well positioned with a range of attractive models to meet the growing market.
While the business was IMPACTED by COVID-19 that resulted in substantial reduction in sales for a few months, the owner has taken the opportunity to streamline its product offerings and restructure its operations so that it can take advantage of the expected jump in activities as restrictions are slowly relaxed and removed.
Business Highlights:
- Sales for 7 months from July 2020 to Jan 2021 in excess of $5 million, with the business on track for FY2021 sales of $9 to $11m
- Historical yearly sale pre-COVID was between $6m to $7.2 million
- Business enjoyed strong gross margin of 30% after accounting for freight, cost of goods and labour
- A business with the infrastructure and process setup for growth
- An established base either by itself or as platform to “roll up of multiple similar businesses” in an industry with attractive future
- Brand with growing awareness by target market segment
- Inhouse design capability with a portfolio of trademark and registered designs
- Current owner can bring its industry experience as consultant or be part of management team going further
The business offers a new owner/investor:
- A base to continue to grow further into a profitable brand
- Strategic “bolt-on” to businesses within the recreation and travel industry
- As a “Platform” to grow and “roll up” other players within the industry
Price. $2.5 m plus stock
Details
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