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The Next Step
Pete Seligman
78 episodes
8 months ago
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Entrepreneurship
Business
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Entrepreneurship
Business
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EtA Downunder - Episode 6
The Next Step
15 minutes 22 seconds
1 year ago
EtA Downunder - Episode 6
G'day, I'm Pete Seligman. There are a growing number of people thinking about buying a business in this region, but it can be hard to see what that actually looks like. So, to help bring one part of that process to life, I've teamed up with my mates Jason Andrew and James Frank to throw some businesses on the table and share our raw thoughts on each. This is EtA Down Under. We hope you enjoy it. In this episode, we explore a profitable industrial manufacturing business based in Western Sydney. This company, which manufactures and installs automated tarping systems for trucks, serves a diverse customer base across transportation, agriculture, and construction. With an asking price of $4.5 million, this business has an FY24 revenue forecast of $5.3 million and a net profit of $1.7 million. The strong reputation and established market presence make it a solid acquisition for those looking to enter or expand in this sector. We delve into the specifics of the tarping systems, which are essential for compliance in transporting loose materials. The conversation also covers potential growth areas, such as expanding product lines and enhancing the online presence, which could further increase market share and profitability. This business is ideal for an industry buyer or an entrepreneur looking to invest in a well-established company with room for expansion. Thanks for listening. I hope you enjoyed it. If you want to learn more, please hit us up on LinkedIn. Follow Pete on YouTube: Pete Seligman Connect with Pete on LinkedIn: Pete Seligman Connect with James on LinkedIn: James Frank Connect with Jason on LinkedIn: Jason Andrew Stay tuned for the next episode of EtA Down Under, where we continue to explore exciting business opportunities and share our insights.
The Next Step