Key Strengths

• Lighting wholesaler and manufacturer.
• Specialising in in-house designed and custom made lighting products.
• This business has strong customer relationships as a core strength and is operated from its headquarters in South East Melbourne.

About this business

This profitable business has operated successfully under the current ownership team for two decades and is now looking for new owners to lead it into its next growth stage. Extensive long term client and supplier relationships, coupled with rising sector demand, provide a fantastic platform for future growth. This wholesaler and manufacturer specialises in in-house designed, custom made and ready to purchase lighting products, and operates from its headquarters in South East Melbourne. This design led brand is well established within the Australian interior furnishing sector. Over its 75 year operating history, this thriving business has amassed extensive and long term customer relationships with major retail, hotel and hospitality groups across Australia &amp; New Zealand. Sales are balanced across four key sales channels, limiting direct exposure to economic impacts in any single industry subsector. The business has a well established network of B&amp;M and online retail partners, complimented by an up to date eCommerce platform designed for both B2B and B2C sales. In FY21, revenue exceeded $2 million, while FY22 revenue is on track to deliver more than $2.6 million. This business will be sold on a cash free, debt free basis. All stock, production, warehouse and office equipment will be included in the sale, with the 6 month average <strong>SAV currently in excess of $500,000.</strong> This sale represents a fantastic opportunity for an owner operator or competitor to purchase a profitable and growing business in an exciting design based, industry segment. &nbsp; &nbsp;&nbsp;&nbsp; $350,000