Business ID: XB157090
EBITDA in excess of $2M forecast for 2023/24.
The business provides a range of repair, maintenance, and fabrication services to the haulage industry in WA. Crane repairs, side loader repairs, low loader repairs, spray painting, fabrication, mechanical and electrical repairs, chassis straightening the range of services is specialised and diverse.
Offers a first-class service to a range of customers (leading transport, logistics, and heavy lifting companies) with efficient repairs and maintenance, and outstanding customer support and advice.
- Growing annual sales (FY21 $3M > FY22 $3.9M > FY23 $4.5M > FY24 $6.M)
- Excellent profitability (forecast of $2M+ for current financial year)
- Extensive list of Plant & Equipment included in asking price ($1M+)
- Business is an accredited sponsor as defined by the Department of Home Affairs and employs mechanics and other qualified trades from the Philippines using the services of certified migration agents
- Business has a strong reputation within WA
- Excellent relationship in place with customers and suppliers which will lead to opportunities for years to come
- Geographically flexible business with superbly established base strategically located near high-demand areas
- Extremely strong profits and cash flow
The current owner has owned and operated the business for over 22 years. He is ready to scale back as part of a retirement plan. The current owner is committed to ensure a smooth transition to a new owner. The business is to be sold as a going concern (Sale of Business).
There are multiple opportunities to continue the strong growth of this already successful business and compelling reasons as to why a buyer should consider purchasing such a well-established business.
Asking Price: Offers of $5,300,000 including Stock at Value (SAV approx. $100,000) are being sought from the market.
Property Code: 3884
