Tile Coat: A Blueprint for Success in 2007
In June 2007, Norman applied the “Oakshield Method” to Tile Coat, a business with a strong reputation that needed a sophisticated financial narrative to attract the right buyer. With his background as a Group Financial Controller for major Australian firms, Norman knew that the secret to a $750k sale lay in the data.
By conducting a meticulous 5-year financial analysis, Norman showed the prospective buyers a story of increasing cash flow and diminishing debt—the “story no one can deny.” He applied the same discipline used to turn around Century Battery, ensuring that Tile Coat wasn’t just seen as a service provider, but as a highly profitable, systematized asset.
Total sale price of $750k
The sale closed for $750,000, reinforcing Norman’s belief that true wealth is created through wisdom and protected through proper management. By the time the agreement was signed, the owners had transitioned from running a day-to-day operation to successfully exiting with their financial future secured.
“Our focus is specializing in a selected number of industries with a good reputation. We work hard to achieve the plans we establish jointly with our clients, making their business their most valuable asset.”
Norman’s “Wisdom Creating Wealth and Protection” philosophy ensured that Tile Coat was positioned as a premium acquisition, rewarding the owners for their dedication and hard work.