Founded in 2014, this private e-commerce and retail business specializes in premium skylight solutions within the Home and Garden sector, boasting a strong presence in the Australian market. Annually generating $7 million AUD with a 15% EBITDA margin, the business has transitioned from in-house to outsourced manufacturing, enhancing operational efficiency and scalability. With a team of 9-10 staff in offices located in New South Wales, the business is poised for nationwide expansion. The brand maintains a formidable market presence with an average order value of $1,600 AUD and has shown significant financial growth, including a 303% year-on-year revenue increase.
Operational adjustments have led to improved scalability and risk reduction, while the recent opening of a flagship store on the Gold Coast exemplifies its successful retail expansion strategy. The brand holds a competitive edge through its proprietary product, a flashing component essential for skylight waterproofing, contributing significantly to revenue. The business enjoys a dominant position with minimal competition, high customer retention, and benefits from strategic in-house marketing efforts primarily conducted through digital platforms.
Financially, the business reports a TTM revenue of $7,148,881 AUD and a net profit of $214,653 AUD. Growth opportunities are abundant, including national retail expansion, product line diversification, geographic expansion beyond Australia, and expanding wholesale partnerships. The current owner, seeking to explore other ventures, has prepared the company for growth or acquisition, making it a viable target due to its rapid growth, proprietary market position, and established operational systems.