Turnover: over $1.6M PA
Income including current working owner's salary "(P)EBITDA" = $678,291 PA
Income after taking out owner's salary "EBITDA" = $568,234
Total investment required is $1.4 million, comprising the asking price of $700,000 (for business) plus approximately $700,000 worth of stock.
This business offers great value for money, with a multiple of 2.06x (P)EBITDA or 2.46x EBITDA
Staffing:
The business is easy to run, as the current owner manages it along with two casual assistants and one mechanic
About the Business:
- Well established with over 15 years of operation
- National provider with international partners
- Low overheads
- Strong customer base
- Excellent location
- Owner Retiring
This long established business imports and sells material handling equipment, for over 15 years. This business has also been servicing and repairing equipment of relevant industry.
Whilst based in Sydney, the business has clients in most States of Australia.
The business comes with an established premises (on lease) to handle all major repairs and sale of equipment. It also comes with 1 service vehicles (Ute) for mobile service and can perform preventative maintenance quickly and efficiently at customer premises; however most of equipment serving is currently being done on premises.
This business has built an excellent reputation in industry for quality products, prompt service, and great customer service
With an excellent location in an industrial area of Sydney West, it supplies the equipment all over Australia.
Owner is retiring and is willing to support new owner to ensure a smooth transition.
The business has all the necessary setup, equipment and proven systems and is now ready to grow further, under the guidance of a new owner.
Please lodge an online inquiry today to obtain further information
Ref: #2155
IMPORTANT:
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
