Business ID: XB156214
Profits to (2) working owners $550,000 pa
Based in NSW's Mid North Coast this supplier of kit Sheds and Garages has operated from the same location for 35 years and has been under the current ownership for 19 years.
Supplying kits or complete builds, the business operates Mondays - Fridays to allow the owners to maintain a healthy work/life balance.
Quotes can be completed in as little as 10 minutes using the online software provided by the kit manufacturer.
The owners focus on running the sales, operations and accounting aspects of the business, with earthworks, concreting and construction tasks outsourced to long-term trades professionals.
- Excellent reputation for sales and service
- Quality product with engineering certification
- Growing population with many new 5-acre subdivisions
- 3-4 Quotes per day from manufacturers and local advertising
- 100-110 sales per annum generating $3m+ revenue
- 3 Territories
- Owners (2) plus 2 x P/T and 1 F/T staff
- 10 display units included in business sale
- 3,315 sqm land with offices included in property sale
- Consideration given to property lease ($880pw+GST)
The owners will provide a 4-week handover as part of the sale to familiarise the buyer with the operation of the business. The kit manufacturer will provide onsite training in the use of online ordering and configuration software.
Should an investor wish to purchase the business one or both owners will consider continuing their employment with the business.
These are excellent business opportunities, simple to run, with strong cash flow and minimal (if any) bad debts. Sales and construction services can be quoted very quickly and produce excellent returns for an owner/investor.
Based on historical figures and wages/super to management of $160K per annum, the return to an investor is likely to be in the region of 30%+.
The vendors prefer to sell both the business and the property but consideration will be given to good buyers wishing to lease the property.
Asking Price: The business assets and goodwill are available for sale for $1.1M plus stock (approx $30,000). The property is available for an additional $850,000.
Property Code: 4071
