80% repeat customers
Owner retiring be blown away by the customer base.
About the Business:
This plumbing and maintenance business has been established for over 25 years and is still making exceptional profits.
Operating from a suburban office which could be relocated anywhere and has a high level of repeat business meaning the owners can spend more time on servicing their customers and less on the expenses of marketing and advertising.
The main driver of the business is commercial maintenance plumbing which is underpinned by Service Agreements, and contracts in place with some of their larger customers.
The mainstay of the business is one of Australia's leading high growth industries which makes this business an attractive proposition for other service-related businesses looking to expand their customer base.
Key points:
High Level of Repeat revenue: It is estimated that over 80% of the business revenue is generated from repeat customers.
Contracts and Service Agreements: As a testament to the strength of the business, there are Service Agreements and Contracts in place with their main key clients.
Highly profitable: PEBITDA circa $715,000 pa for FY 2023
Skilled staff and workforce: The business has a mix of skilled plumbers working as direct employees or contractors.
Not often do businesses with such a sought-after client base become available. If you are looking for an opportunity to grow your existing plumbing business or looking to expand into plumbing, then this business should be high on your list.
Confidentiality:
All inquiries and discussions will be treated with the utmost confidentiality.
FOR SALE: $1,445,000
Contact the exclusive broker:
Reece O'Sullivan
Benchmark Business Sales & Valuations
M: 0419 198 584
T: 1300 366 521
If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: business5363 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
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