The industry can be largely divided into two categories, 'above-ground' and 'on-ground' and may cater to everything from schools and childcare centres to councils and private play areas. This business is reaping the rewards of solid processes, low overheads, high margins and the fact they are disrupting the industry with a superior product offering.
The business has a long term GM in place so despite the owners still being somewhat involved in the business it makes for an easy transition with no requirement for specialist knowledge.
The business typically maintains a pipeline of contracted work sitting at between $1.8M $2.2M and the low expenses relative to a business generating this revenue means that there is plenty of cash generated to realise future growth and expansion plans.
This business requires consistent and ongoing sales efforts to maintain its growth and trajectory. It would not suit buyers seeking an enterprise sales business or a business that relies on long term contracts to underpin future revenue.
Total Revenue
FY24: $7,482,697
FY23: $6,066,242
Net Profit
FY24: $3,350,394
FY23: $2,054,635
Adjusted EBITDA
FY24: $2,955,630
FY23: $1,829,092
