Business ID: XB160545
Consistent growth - Revenue more than $1.5mil. and adjusted profits $670k - Freehold opportunity available
This business was established 30 years ago and under the current owners' management since 2013. Provides services to all government departments, mining, marine, building, and manufacturing, as well as direct competitors. No experience is needed to take on this business opportunity but a creative flair or understanding of the industry would be advantageous.
- No single client accounts for more than 10% of the total turnover
- Customer accounts operate on 30-day End of Month (EOM) payment terms
- There are no legally binding contracts with customers.
- Sales Distribution is split around 50/50 between work done locally vs nationally throughout Australia
- All records from the past 13 years have been meticulously stored, with physical paperwork and order forms retained for five years
- The business operates in a niche market with no specific or direct competitor offering the same comprehensive range of services
- The business has been built on a foundation of investment in the right people, extensive training, and state-of-the-art equipment
Owners will provide full training (Time frame to be established depending on purchaser experience in the industry).
This business is ideally suited for a buyer who has a creative passion or a company in a similar industry looking for an acquisition to substantially grow their business and portfolio.
Asking Price: Offers over $1.5mil which includes assets and stock (approx. $30k)
Property Code: 4254
