Audio Visual B2b Hire And Installation Business – South Sydney

Business ID: BS5400

T/O $1.1M p.a. Owners Income $622,000 p.a.

The business was established 40 years ago in Sydney, since which it has built up a solid reputation in the market for predominantly Business to Business sales, service, hire, and installation of audiovisual and lighting equipment with a large and loyal customer base of schools, pubs, clubs, large hotels, event organizers, DJs and private customers totaling over five thousand. This includes a number of pub chains with a couple to a dozen or so pubs. The turnover is well spread with no one customer responsible for over 10% of the income so it is very secure.

-Established 40 years
-Can be run under management
-Loyal Customer base
-Reoccurring Revenue Stream
-B 2 B operation
-Online Business Presence
-Constant new technology & products
-Solid Reputation for Service

The owners are prepared to stay and train the new buyer for a period to be agreed.

This is a very secure business that has gone through the COVID crisis and comeback as strongly as before, proving its sustainability. It would make a good bolt-on for anyone in the Hire, IT, Telecommunications industry or for someone to use it as a secure base to start a business.

Asking Price: $1.0 M for the Shares in the Company, stock is not included and is estimated at $50,000 at cost.

Property Code: 694