Check out These Million Dollar Business Opportunities in Australia

by Catherine Mangana 23rd of November, 2024
Check out These Million Dollar Business Opportunities in Australia
6 Million Dollar Business Opportunities in Australia

If you’re looking at businesses in the one-million-dollar range, chances are you already have a wealth of experience—whether it’s running a business, managing operations, or leading a team. At this price point, businesses are typically well-established, offering consistent revenue streams, strong market positions, and significant growth opportunities.

For savvy buyers, purchasing a million-dollar business isn’t just an investment—it’s a chance to step into a thriving operation and take it to the next level. Here’s a closer look at the benefits, what to expect, and how to make the most of this opportunity.
 

Why Choose a High-Value Business?

 

Buying a million-dollar business offers numerous advantages, including consistent revenue streams from loyal customers, a strong market position that eliminates the need to build a reputation from scratch, established systems and processes that streamline operations, easier access to financing due to the business’s stability and profitability, and significant growth potential through expansion, new services, or increased market share.

 

What to Expect When You’re Buying a Business over $1 Million

 

1. Due Diligence is Non-Negotiable

When you’re looking at a business in this price range, digging into the details is everything. You’ll want to look at the financials, contracts, and operations carefully. I can’t stress enough how valuable accountants, lawyers, and brokers are during this process. They’ll help you spot any red flags.
 

2. You’re Likely to Manage a Bigger Team

These businesses often come with a solid team, which is a huge plus, but managing people is part of the deal. Keeping key staff happy and motivated will be critical to your success.
 

3. There’s More Upfront Investment

Yes, a million-dollar business is going to cost you more upfront—not just in terms of the purchase price but also the time and money spent on due diligence. But honestly, the stability and returns can make it totally worth it.


4. Operations Can Be Complex

Bigger businesses mean bigger responsibilities. Whether it’s inventory, customer service, or logistics, there’s a lot to manage. You’ll need to either have the skills or hire the right people to handle it all.
 

5. Competition is Fierce

Businesses in this price range attract serious buyers—people who know what they’re doing. When you find the right one, don’t drag your feet. Act quickly and confidently, or you might lose out.

 

Here are 6 Businesses over 1 Million Dollars to Consider

 

1. Market-Leading Solar Power Provider (Brisbane, QLD)

 

Price: $1,390,000 + SAV

Description: Established for nearly two decades, this is one of Brisbane’s largest solar power providers, offering products like solar systems, battery storage, and e-car chargers to residential and commercial clients. With multi-million-dollar annual sales and a highly trained team, it provides a profitable, part-time management opportunity with significant growth potential.

Key Insights:

  • Established: Nearly 20 years as one of Brisbane’s largest solar product and system providers.
  • Strong Financials: Multi-million-dollar annual sales and high-profit margins.
  • Diverse Offerings: Solar systems, battery storage, and e-car chargers for residential and commercial clients.
  • Scalable Model: Self-sufficient operations with growth opportunities in the expanding battery and e-car charger markets.
  • Market Position: Supported by government subsidies and growing demand for renewable energy solutions.

View Details

 

 

2. Adventure Tour Business Opportunity (Northern Territory)

 

Price: $2,450,000 WIWO

Description: Renowned adventure tour company with 27 years of experience, offering guided tours to iconic outback destinations like Uluru and Kings Canyon. This turnkey business includes a strong online presence, well-maintained tour vehicles, and established partnerships, with potential for growth and expansion.

Key Insights:

  • Established: 27 years of delivering unforgettable outback adventures with a strong brand presence
  • Diverse Offerings: Specializes in guided tours to iconic destinations like Uluru, Kata Tjuta, and Kings Canyon.
  • Operational: Turnkey business with well-maintained tour vehicles, experienced guides, and established partnerships.
  • Prime Location: Operates in a high-traffic tourist destination with strong online and social media presence.
  • Growth Potential: Opportunities for expansion into new markets, tour offerings, and customer segments.
  • Support and Training: Comprehensive training and ongoing support included for a smooth ownership transition.
  • Optional Property Purchase: Includes the option to acquire the associated property separately.

View Details

 

Medical business for sale


3. Medical Centre Or Surgery Vacant Freehold Building
 

Formally a successful general medical centre taking in over 20 years of site goodwill with chemist and other allied services within close vicinity.

Price: $1,600,000 WIWO

Key Insights:

  • Prime Location: Situated in Maryborough, at the heart of the Fraser Coast region with a local population of 28,000 and a broader coastal catchment exceeding 115,000. Just 25 minutes from Hervey Bay beaches and airport.
  • Architectural Gem: Magnificent two-storey 19th-century building with a 570m² footprint on a 1,000m² block. Features include 17 private consulting rooms, a large reception area, grand staircase, and period-specific 14-foot ceilings.
  • Established Goodwill: Previously a successful general medical center with over 20 years of goodwill, adjacent to a council car park and near a chemist and allied health services.
  • Investment Opportunity: Dual benefit as a medical business and a sound real estate investment in a high-demand location.
  • Versatility: Ideal for medical or allied health practices, with potential to diversify into other professional services.

 

4. Prime Motor Wrecking Business (VIC)

 

Price: $2,925,000 (including all stock and equipment)

Description: Highly profitable motor wrecking business on 5.6 acres, with annual profits exceeding $1 million. Features state-of-the-art facilities, a loyal customer base, skilled staff, and a strong online presence via an eBay store.

View Details

 

5. Top-Tier Specialty Civil Business (WA)

 

Description: Highly profitable and established civil infrastructure service provider with a net profit of $1.1M annually. Operating for over 14 years, it has forward orders worth $2-3M and pending quotes valued at $3-4M. The business serves government agencies, corporations, and private clients statewide, backed by advanced equipment and strong growth prospects from WA's infrastructure investments.

Key Insights:

  • Price: $4,490,000
  • Proven Profitability: Net profit of $1,107,616 p.a.
  • Established Reputation: 14+ years as WA's go-to specialty civil service provider.
  • Strong Client Base: 150 repeat clients generating 80% of annual revenue.
  • Robust Pipeline: $2M–$3M in confirmed forward orders; $3M–$4M in pending quotes.
  • Market Outlook: $10B+ government infrastructure investment in 2024/25 with sustained growth forecasted.
  • Comprehensive Assets: Advanced equipment inventory capable of handling complex projects.
  • Scalable Operations: Simplified processes and semi-skilled labor ensure efficiency and growth potential.


View Details

 

6. Profitable Tipper Trucking Business (QLD)

 

Operating for over 16 years, this successful tipper trucking business is strategically located between Brisbane and the Gold Coast. With a fleet of late-model equipment valued at $900,000, it offers strong profitability and growth potential.

Key Insights:

  • Price: $1,750,000 WIWO
  • Fleet Value: Approximately $900,000 in late-model plant and equipment
  • Profitability: High profit margins with the current owner working part-time
  • Potential for Growth: Ideal for a full-time owner to further expand operations
  • Niche Focus: Specialization in the trucking industry

View Details

 

If you're in the market to buy a business with 2025 just around the corner, there are plenty of businesses for sale on Bsale.

Tags: listicle buying 2024

About the author


Catherine Mangana

Customer Support

Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...

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