MARKET UPDATE
OCTOBER 2024
We specialise in mid-market transactions, generally $2m-$100m in deal size. Our team is national, and we have access to a strong database of investors and businesses where we facilitate these deals. Some deals on this newsletter are for information purposes and were not completed by us.
RECENT DEALS
The business specialises in welding supply, sales, service and hire in the Northern Territory. The founding owner was at retirement age and had moved interstate. The time was now to sell the business. We built a target list of suitable prospective purchasers in similar or related industries. It was a tough sell, mainly because of the remoteness of the NT in comparison to the rest of Australia. Our campaign was very successful. It attracted 70 enquiries, and in the end the business was sold to South Pacific Welding Group who are a part of a leading global industrial gases and engineering Company for a price the owner was extremely happy with.
Factory Equipment Supplier
Deal Size: $3.6M+
70 Enquiries
Source: Sold By Finn
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A Tasmanian zoo has recently been successfully sold following a national expressions of interest campaign. We reached out to over 200 potential buyers, and through the campaign we generated 103 enquiries. Impressively, the first offer received resulted in a successful sale, with both the zoo business and its property being purchased. This outcome reflects a successful deal, with all parties satisfied and the transaction completed smoothly and efficiently.
Zoo
Property & Business
103 Enquiries
Source: Sold By Finn
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A confectionery manufacturer based in Victoria was successfully completed in a recent sale transaction, surpassing expectations. The expressions of interest campaign garnered significant attention through a national outreach to over 200 potential buyers. The response was overwhelming, with 136 enquiries received. Remarkably, the first offer made led to a successful sale, demonstrating the strong market demand and the value of the business and it's unique IP. The business had been in the same family for many generations, and the buyer is a household name in the Australian FMCG landscape.
Food Manufacturer -
Confectionery
Deal Size: $700k+
136 Enquiries
Source: Sold By Finn
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This business manufactures offshore and imports a well regarded product in the Caravan and Trailer market. When selling the business we had 3 serious offers, and after multiple meetings an offer of just over $4m was accepted. A very strong price and exactly what the owner wanted. The marketing campaign involved a widespread reach across various websites and the Finn database of buyers. The sale then settled exactly 3 months from when we first went on the market. A great result for all.
Auto Parts Manufacturer
Deal Size: $4M+
Source: Sold By Finn
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This West-Australian-based business had been in the same owners hands for many years, and they had reached retirement age and were looking to exit. We created a campaign that focused on sophisticated investors, as we felt they would be the best fit. The campaign reached out to all States and Territories across Australia. We received 67 enquiries from buyers, and dealt with 4 serious parties in the end who reached the offer stage. We negotiated a deal that saw the business sell quickly, and to a very strong buyer at a price the owners were very happy with.
Industrial Equipment & Earthmoving RTO
Deal Size: $3M
Source: Sold By Finn
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This business manufactures offshore and imports a well regarded product in the Caravan and Trailer market. When selling the business we had 3 serious offers, and after multiple meetings an offer of just over $4m was accepted. A very strong price and exactly what the owner wanted. The marketing campaign involved a widespread reach across various websites and the Finn database of buyers. The sale then settled exactly 3 months from when we first went on the market. A great result for all.
Auto Parts Manufacturer
Deal Size: $4M+
54 Enquiries
Source: Sold By Finn
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BUSINESSES FOR SALE
Listed in order of highest asking price to lowest
PRICE:
PROFIT:
REVENUE:
LOCATION:
ONLINE HOMEWARES BUSINESS
$5 million
$2 million
$3.85 million
Melbourne
$4.7 million
Please Enquire
$1.9 million
Anywhere
PRICE:
PROFIT:
REVENUE:
LOCATION:
INTERNATIONAL TOOL MANUFACTURER & DISTRIBUTOR
EOI Campaign
$5+ million
$17+ million
Perth
PRICE:
PROFIT:
REVENUE:
LOCATION:
FITNESS EQUIPMENT SUPPLIER
*see disclaimer below
*see disclaimer below
*see disclaimer below
UNDER CONTRACT
residential care provider
PRICE:
PROFIT:
REVENUE:
LOCATION:
$120 million (EOI)
$14 million
$45 million
Queensland
*see disclaimer below
Steel Building Fabrications & Construction
EOI Campaign
$6 million
$55.5 million
Melbourne
*see disclaimer below
PRICE:
PROFIT:
REVENUE:
LOCATION:
Dominant Road Transport
PRICE:
PROFIT:
REVENUE:
LOCATION:
$8.5 million
$2.15 million
$11 million
Sydney
*see disclaimer below
BUS & COACH BUSINESS
PRICE:
PROFIT:
REVENUE:
LOCATION:
$5.9 million
$500k
$2 million
NSW
*see disclaimer below
MELBOURNE AIrPORT APARTMENT HOTEL
PRICE:
PROFIT:
REVENUE:
LOCATION:
$5.5 million
$1.3 million
$6.5 million
Melbourne
*see disclaimer below
ADELAIDE CBD APARTMENT HOTEL
PRICE:
PROFIT:
REVENUE:
LOCATION:
$5.2 million
$1 million
$4.5 million
Adelaide
*see disclaimer below
SUPPLY AND INSTALLATION OF EDUCATIONAL EQUIPMENT
PRICE:
PROFIT:
REVENUE:
LOCATION:
$4 million
$1.5 million
$5 million
Melbourne
*see disclaimer below
RTO - Vehicle Driver Training
PRICE:
PROFIT:
REVENUE:
LOCATION:
$4 million
$1.3 million
$3 million
Western Australia
*see disclaimer below
NDIS & Aged Care Service Provider
PRICE:
PROFIT:
REVENUE:
LOCATION:
EOI Campaign
Please Enquire
$9.5 million
Queensland
*see disclaimer below
Apartment Hotel Prahran
PRICE:
PROFIT:
REVENUE:
LOCATION:
$3.6 million
$914k
$3.1 million
Melbourne
*see disclaimer below
Books/Comics/Pop Culture Brand
PRICE:
PROFIT:
REVENUE:
LOCATION:
$3.3 million
$900k
$9.69 million
Melbourne
*see disclaimer below
Aquarium/Waterfront Restaurant
PRICE:
PROFIT:
REVENUE:
LOCATION:
EOI Campaign
$200k
$1.28 million
Queensland
*see disclaimer below
Blue chip manufacturing business
PRICE:
PROFIT:
REVENUE:
LOCATION:
$3 million
$660k
$7.96 million
Darwin
*see disclaimer below
Established Water Solutions
PRICE:
PROFIT:
REVENUE:
LOCATION:
EOI Campaign
$150k
$3 million
NSW
*see disclaimer below
Engineering Business
PRICE:
PROFIT:
REVENUE:
LOCATION:
$2.95 million
$1 million
$4.2 million
Brisbane
*see disclaimer below
APARTMENT HOTEL - WAGGA WAGGA
PRICE:
PROFIT:
REVENUE:
LOCATION:
$2.7 million
$764k
$3 million
NSW
*see disclaimer below
UNDER CONTRACT
FLOWER & PLANT NURSERY
PRICE:
PROFIT:
REVENUE:
LOCATION:
$2.65 million
$405k
$2.7 million
Regional VIC
*see disclaimer below
TELECOMMUNICATIONS CONTRACTOR
PRICE:
PROFIT:
REVENUE:
LOCATION:
$2.5 million
$560k
$4.2 million
Regional VIC
*see disclaimer below
QUARRY LOGISTICS SPECIALIST
PRICE:
PROFIT:
REVENUE:
LOCATION:
$2.3 million
$255k
$2.1 million
Sydney
*see disclaimer below
Geelong’s Steel Fabrication
PRICE:
PROFIT:
REVENUE:
LOCATION:
$2 million
$1 million
$2.23 million
Geelong
*see disclaimer below
Corporate Sales & Training Business
PRICE:
PROFIT:
REVENUE:
LOCATION:
EOI Campaign
Please Enquire
$317k
Online
*see disclaimer below
LIVE STREAMING BUSINESS WITH EQUIPMENT SALES
PRICE:
PROFIT:
REVENUE:
LOCATION:
EOI Campaign
$730k
$4 million
Anywhere
*see disclaimer below
RTO - Security Training
PRICE:
PROFIT:
REVENUE:
LOCATION:
$2 million
$725k
$1.32 million
Western Australia
*see disclaimer below
QUARRY LOGISTICS SPECIALIST
PRICE:
PROFIT:
REVENUE:
LOCATION:
$2.3 million
$255k
$2.1 million
Sydney
*see disclaimer below
Tourism & Hospitality Business (Plus Freehold)
PRICE:
PROFIT:
REVENUE:
LOCATION:
$2.35 million
$833k
$3.6 million
Adelaide
*see disclaimer below
UNDER CONTRACT
$2.1 million
$600k
$3.5+ million
VIC
PRICE:
PROFIT:
REVENUE:
LOCATION:
WINDOW & DOOR MANUFACTURER
*see disclaimer below
ONLINE DRONE SALES
$2.65 million
$700k
$6+ million
Geelong
PRICE:
PROFIT:
REVENUE:
LOCATION:
*see disclaimer below
$2.1 million
$600k
$3.5+ million
VIC
PRICE:
PROFIT:
REVENUE:
LOCATION:
WINDOW & DOOR MANUFACTURER
*see disclaimer below
COMING SOON
These listings are currently being prepared to go on the market shortly
NDIS Disability Support Business
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
$4 million (EOI)
$1.17 million
Regional VIC
October 2024
*see disclaimer below
Poultry Farm & Produce
(freehold Available)
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
$3.8 million
$1 million
Regional VIC
October 2024
*see disclaimer below
Business and hospitality Training - rto
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
$2 million
$800k
Melbourne
October 2024
*see disclaimer below
Auto Parts Supplier
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
$11 million
$2.8 million
International
April 2024
*see disclaimer below
Software Platform – Freelance Work
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
$4 million
$500k
Online
April 2024
*see disclaimer below
Blue Chip Manufacturing Business
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
$3 million
$500k
Darwin
April 2024
*see disclaimer below
EOI Campaign
$500k
Online
January 2024
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
FREELANCE WORK PLATFORM
*see disclaimer below
EOI Campaign
$37 million
Queensland
February 2024
*see disclaimer below
PRICE:
REVENUE:
LOCATION:
AVAILABLE:
Emergency Housing & Care (Gov't Funded)
APARTMENT HOTEL - SCARBOROUGH
$3.75 million
$1 million
Perth
January 2024
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
*see disclaimer below
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
AUDIOLOGY BUSINESS
$4 million
$1 million
QLD
October 2021
$1.9 million + SAV
$700k
Perth
October 2021
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
HI-FI RETAILER
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??
??
PRICE:
PROFIT:
LOCATION:
AVAILABLE:
??
*see disclaimer below
*see disclaimer below
*see disclaimer below
$2.55 million
$7.7 million
Perth
February 2022
PRICE:
REVENUE:
LOCATION:
AVAILABLE:
*see disclaimer below
Safety & Workwear Supplier
*DISCLAIMER: The figures and information above are approximate. The information is accurate to the best of our understanding. Some figures may be pre-Covid to give a more realistic picture of more normal trading conditions. Others have been rounded up or down for simplicity. Please complete your own due diligence and make any final decisions based on the detailed information you will receive during that process.
VIDEO TIP
BUYER ACTIVITY
September STATS
In September, we had a very busy month, with 149 buyers contact us looking for a business with an enterprise value of over $2m AUD
EXPLORE:
Finn M&A's Impressive National Reach
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CONTACT
Steve Finn
0408 276 537
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