Supplier to Major companies Of Safety Equipment, Embroidery & Workwear.

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

Preferred supplier of some big offshore companies with great customer relations.
This well established business that supplies Embroidery, Workwear and safety equipment was initially established more than 25 years ago, supplying products and equipment to local industry in Victoria.
Since acquiring the business in 2010' the vendors have significantly expanded the company's activities to supply and service the construction, mining, gas and oil industries, both interstate and overseas.
There are many corporate clients and huge further opportunity can be discussed on inspection.
This industry is only getting stronger through regulations and safety for workers.
Potential for much more growth is available.
A key factor in the growth of clientele during that time has been the outstanding service offered, in addition to being a reliable supplier of PPE Solutions.
With new high capacity embroidery machines, web based ordering, and direct access to the company's Directors, clients can be assured that their orders are valued and acted upon quickly.
Providing quality goods and services in a timely manner so industry can meet their busy schedules and timelines is a key business driver; and a key reason for our continued success.
The company is consistently recognised for providing a prompt response, and quick turnaround to all customer requirements for embroidery, alterations and custom made goods.
The vendors concentrate on providing quality goods and services in a timely manner, so industry can meet their busy schedules and timelines is a key business driver.
Customer service is a top priority.
An agile, customer focused business, JSM Embroidery Work Wear and Safety carries a vast inventory of high quality OH&S products and tailored to contemporary industry requirements.
An approachable and responsive retailer, we take great pride not only in the level of service we provide; but also our capability to source and deliver the full range of safety items.
Whether it is Hi Vis shirts, pants, overalls, footwear, fire-retardant, anti static or wet weather work wear, they supply it all.
Also a major supplier to many schools and supply the uniforms.
From signs to safety harnesses, whether it is in the field, corporate wear or chef's apparel, when it comes to all aspects of personal protective equipment we've got you covered.
They also supply chemical and spill containment, fire prevention, first aid and emergency response equipment.
The business is open on Saturday mornings for our customers' convenience, as people do not get time to shop during the working week.
Shop hours are - Mon-Fri 8.30am 5.30pm. Saturdays 9 12.30
The embroidery service is A1 with attention to detail regarded with absolute importance. As all embroidery and alterations are dealt with on site we are able to offer fast turn around times.
Recent Updates
In Sept 2019 JSM was asked to find a solution for ESSO offshore operations in Bass Strait with a garment that would help in the survival time of their employees in a water rescue situation .
In Oct 2020 after numerous trials and testing we designed and manufactured a vest that met the CLO requirements they required .
This will be a mandatory garment as of June 1 2021 which All offshore operators and contactors must wear before boarding any craft going to any platform .

JSM are the only ones with this vest on the market at the moment !!

This is what JSM prides itself on not just being a retail store , but innovative in the market .
Other custom gear
Insect treated FR garments -PNG Oil and Gas
Thermal Coveralls - Oil and Gas
Custom Coveralls - Oil and Gas
Custom FR jackets - Petro Chem industry

Very strong financials available to qualified enquiries after an inspection and discussion with the vendors.
Approx: - 4 million turnover and approx 25% NET profit.
This can be paid down in well under 3 years. Due diligence welcomed by interested parties to substantiate financials.
Extended hand over period available as Vendor will stay on to assist further growth.
Finance available to approved purchasers. Price is negotiable.
Quote BSV 0917 and call Michael NOW !!! on 0400 645 133, or submit an enquiry.
Know someone that could be interested in this?
Asking Price:
$1,850,000
Yearly Profit :

----


Country

Australia

State

Victoria

Suburb

----


Postcode

3850

Locality

----

Established on

Contact the business


Revenue

----

EBITDA

----

No. of employees

----

Lease period

----


Stock

----


Contact Details Verified

Email Broker Verified

Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

Need finance support?

We offer tailored financing options that work for you to get the deal done.

Free business valuation

Know if you're paying too much for this business or if it’s right on the money.

success

Success!

Form has been submitted successfully and a representative will get touch with you