Australian owned, multi-award winning business, that has been servicing residential home owners and investors, commercial premises and developers in an area West of Sydney, for 10 years. A commitment to high quality service delivery, innovation has seen excellent growth while earning a reputation as one of the best painting and home improvement operations in the area in which they operate. The business has established a more holistic home improvement service to include everything from painting to carpentry, pressure cleaning, roof restoration, decorating, window cleaning and colour consultations.
Key Details:
Maintainable earnings could potentially increase to $500,000 PA in FY 2025 and beyond should a pending discussion with a Multinational Blue-chip result in a new 3-year maintenance agreement valued at $800,000 per annum.
10 + year track record with reputation which is confirmed by the many incoming referrals.
Solid performance FY 2023 and FY 2024 after Covid induced drop in income.
Good diversification of clients.
Majority scheduled work in place to provide ongoing work which provides excellent security of income for a new buyer.
Well-known with an excellent reputation for reliable and quality service at reasonable prices.
Excellent customer base as well as well-known commercial clients currently being serviced.
Long term, experienced and loyal staff.
Word of mouth advertising meaning reputable services, complimented by coordinated and on-going marketing campaigns.
Long term suppliers (paints, chemicals, equipment, consumables etc) with great relationships.
Currently run largely under semi-management, ensuring a hassle-free handover
Fantastic opportunity for an existing home improvement/Building business to expand with this bolt-on, OR for an entrepreneur looking to jump on board a growing services based business.
The owner will provide comprehensive training to ensure a new owner is fully equipped to continue this growing and profitable business.
EBITD $421,000 and a large contract currently under neg that would boost profits significantly - see above
