History: Business was established in 1996 by current owner and is still a 100% owner operated business with a workforce of less than four and no expensive manufacturing equipment. Currently a family business. Easy to relocate and duplicate.
Business turnover is low, under a million (799 000)p.a. and needs to improve.
Manufacturing cost of the product is reasonably low and we have a retail markup of 300%.
Manufactured Product: A cement accelerator; suitable for most concrete products: cement building bricks, cement paving bricks, stepping stones, curbs etc.
For easy handling and distribution to Builders Hardware shops and other end users (concrete product manufacturers); the product is concentrated.
The additive is packed as a 1 x 20kg unit, in a plastic drum; and as 20 x 1kg units, packed in a box. Additive is to be diluted by the end user in a ratio of 1:9 with water: 20kg plus 180 liters of water and 1kg unit plus 9 liters water.
Another advantages of being manufactured and supplied as a concentrate; is that the product does not require much packing space and a concentrated product is much cheaper to distribute.
Product is also available in liquid bulk (1000 liter units after a 1:9 dilution) if end users so require.
Business Future Forecast: The business has growth potential. The business must upgrade from a "Toyota" into a "Ford Mustang" business.
Easy to relocate. New owner should bring in additional products, e.g. plasticizer, release agent, coloring oxide etc.
Reason for sale: Owner recovered and gained; definitely not retiring.
Make an offer.