Established, highly-sought after supplier Carpark Barrier Systems
Phone enquiries - please quote property ID 30193.
Carpark Barrier Systems (CBS) commenced in business in 2009 to address the need for compliance of carparks generally, but in particular to overcome the danger presented by inadequate crash rails and ancillary products. Growing investment in paid car parking infrastructure and the desire for companies running the car parks to reduce their premiums by ensuring compliance and safety has seen the company in its current form operating since 2016 and offering a proprietary crash rail product (and ancillary items) to multideck car park grow exponentially, and the business is constantly in-demand!
Throughout and following Covid, the business has only grown as governments pour money into infrastructure to generate jobs. The business provides a niche product within an industry that is constantly growing and even benefits during times of economic hardship where other businesses may not fair so well! The unique products focus on form, effective use of space, simplicity, and competitive price, and subsequently, its offerings, FutureGuard and then FutureFix, are in high demand.
Enjoy steady profits and work all over Australia, including in Vic, WA, QLD and of course NSW, with a variety of clients from schools/universities, to shopping centres, to hospitals and more. The business also has established relationships with many Tier 1 builders, as well as several Councils and State governments.
Opportunities for growth include:
- Continued refinement and improvement of processes
- Plenty of foreseeable new customers in Melbourne and Perth
- As well as growing regional places like Wagga and Toowoomba, Caboolture and Goulburn
The current owner, who is looking to retire, works mostly in sales, supervision, and procurement. The installation teams work Monday to Friday on commercial and industrial building sites, using established subcontract installers mainly in Sydney and Brisbane and working from our leased factory and storage facility at Smithfield, in Sydney.
CBS has established processes in place, with all components currently produced by outside fabricators. The business could also suit a fabricator who could bring all manufacturers “in-house”. A one-month handover period is all that would be required. The business could also easily be relocated from NSW. There is currently a renegotiated lease of 12 months for the factory at Smithfield, a 240 sqm of modern factory and office, with quoting and ordering of materials being done from home at present.
At a glance:
- Established business (since 2009) and processes
- Niche product offering?- Solid profits, consistent growth with foreseeable new opportunities
- Great reputation – recognised brand and quality products
- Existing relationships with suppliers and clients, including plentiful repeat business with Tier 1 builders
- Established subcontractors – all installation work done by them at an hourly rate
- Established premises, but the location is also flexible
- Well-setup website giving the business credibility
- Included in sale: $100k stock, $50k P&E, IP, Trademarks
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$750,000
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