SOLD – Manufacturer of Wiring Harnesses for Classic and Vintage Cars – Melbourne, VIC 

Description

TURNOVER: $350K – $400K – ESTABLISHED 1976 – FULLY RELOCATABLE AUSTRALIA WIDE 

This is a rare offering to the market – and one that a classic car enthusiast will not want to miss! 

Established for over 45 years, this business is Australia’s oldest and most respected manufacturer of high-quality replacement wiring harnesses for Classic and Vintage Cars. 

Under current ownership for the last 17 years, the business has continued to grow with a wider range of vehicle offers and an expanded client base. 

Currently based in Melbourne, but the business is fully relocatable to anywhere in Australia. 

• Operates in a specialized segment of the large classic car restoration industry and has little competition 
• Auto electricians can rewire a vehicle but cannot reproduce the sought-after original factory product 
• Covers Australian, American, English and European vehicles manufactured in the 1920’s through to the Australian Muscle car period 
• Services both the professional restoration industry and private restorer 
• Mostly sells products directly – Small number of specialist resellers 
• Library of working drawings to replicate harnesses at a fraction of the cost of a rewire – using original style materials and processes 
• Also offers a refurbishing service for original wiring – and manufactures old style battery cables and high-tension spark plug leads to order 
• Sells selected wiring accessories and components that are no longer generally available 
• Currently, the business does not install the new harnesses – This could be an extra service/income stream 
• Solid client base with a strong level of repeat business and referrals 
• Steady stream of orders with a typical backlog of 13-26 weeks 
• The business also exports to most countries – Repeat clients in the UK and Europe, NZ and USA 
• Modern 186sqm premises in a complex of 11 factories on a major road 

This fantastic lifestyle business allows you to work in an environment where your customers are passionate and appreciative of your products and services. 

It is suitable for anyone who likes to work with classic cars and has a basic knowledge of auto electrics – Perfect opportunity to turn an interest into a rewarding business. 

Price: $185,000 WIWO + GST if applicable