Capitalise On The Growing Southwest - Essential Product Hire And Wholesale Supplies Business
Business Sold Western Australia
Business Category Hire Services Wholesale
SOLD
Description
Capitalise On The Growing Southwest - Essential Product Hire And Wholesale Supplies Business
Seize the advantage of purchasing an established 50-year enterprise currently riding the wave of unprecedented growth. Specialising in essential product hire & wholesale supplies this business is intricately woven into Occupational Safety and Health (OSH) legislation and stands as a beacon of compliance and reliability in an industry where safety is paramount.
Why Consider This Opportunity?
This business is like no other, in which that it has been appraised on a conservative 6-year average. With sales likely to continue to increase into 2024 now is your opportunity to acquire a thriving asset.
Asset Security: 60% of the selling price in tangible assets provides reduced risk to the new owner.
Historic Legacy: A 50-year history steeped in success and growth.
Strategic Niche: Specialising in essential product hire and wholesale supplies to a growing market.
Industry Integration: Deeply embedded in the building sector, fulfilling crucial wholesale needs.
Legal Compliance: Mandated by Occupational Safety and Health (OSH) legislation.
Financial Snapshot:
Diverse Revenue Streams: 30% from essential product hire, 70% from wholesale supplies.
Steady Income: Non-consumable product hire ensures consistent revenue.
Profitability: $1.5 million turnover, 38% gross profit, and an adjusted net profit of $339,935 for 2023.
Projected Growth:
As the population grows from 155,607 to a projected 444,000 by 2050, the area will become a center for construction demand. This population increase is driving a surge in subdivision and multi-storey dwellings, providing sustained revenue growth for the real estate and construction sectors.
The building boom is evident with $650 million in new building approvals annually, indicating sustained demand for housing. This consistent flow of approvals reflects the region's commitment to supporting the construction industry.
The rise in subdivision and multi-storey dwellings is shaping the local landscape, with developers responding to housing demand. The region is undergoing a transformation marked by high-rise structures and planned subdivisions. This development caters to the growing population and positions the area as a hub for modern living.
In summary, the economic factors - population growth, coastal land scarcity, and a thriving building boom - are creating an environment conducive to business growth. The real estate and construction sectors stand to benefit, contributing to the overall economic well-being of the coastal community.
Key Features:
Established Legacy: Over 50 years in operation, 25+ under current ownership.
Operational Simplicity: Easy-to-operate business model and generous handover period.
Efficiency: Low staffing with only one full-time employee who can operate autonomously.
Market Niche: Essential products mandated by OHS legislation.
Diverse Clientele: No single client represents more than 8% of sales.
Cash Flow Excellence: Remarkable 40% of sales are COD.
Low Competition: Minimal regional competition.
Favourable Lease Terms: The vendor is happy to negotiate suitable terms.
Genuine Reason for Sale: - The owner is ready for retirement.
Seize the Momentum:
Untapped Potential: Operated on only 40% of product hire capacity – presents room for growth.
No Specialised Skills Needed: Effortlessly managed by a retiring owner and one dedicated employee.
Expand with Ease: Potential for increased product hire and wholesale supply sales.
Minimal Learning Curve: No experience necessary; easily acquire Forklift and specialised product tickets.
EMAIL NOW
Step into a future of growth and prosperity. This business is not just an investment; it's an opportunity to shape your future.
Please note: the sale of this business is highly confidential, and as a result – no phone information will be handed out. Only registered Buyers will be given first preference for this outstanding business.
Why Consider This Opportunity?
This business is like no other, in which that it has been appraised on a conservative 6-year average. With sales likely to continue to increase into 2024 now is your opportunity to acquire a thriving asset.
Asset Security: 60% of the selling price in tangible assets provides reduced risk to the new owner.
Historic Legacy: A 50-year history steeped in success and growth.
Strategic Niche: Specialising in essential product hire and wholesale supplies to a growing market.
Industry Integration: Deeply embedded in the building sector, fulfilling crucial wholesale needs.
Legal Compliance: Mandated by Occupational Safety and Health (OSH) legislation.
Financial Snapshot:
Diverse Revenue Streams: 30% from essential product hire, 70% from wholesale supplies.
Steady Income: Non-consumable product hire ensures consistent revenue.
Profitability: $1.5 million turnover, 38% gross profit, and an adjusted net profit of $339,935 for 2023.
Projected Growth:
As the population grows from 155,607 to a projected 444,000 by 2050, the area will become a center for construction demand. This population increase is driving a surge in subdivision and multi-storey dwellings, providing sustained revenue growth for the real estate and construction sectors.
The building boom is evident with $650 million in new building approvals annually, indicating sustained demand for housing. This consistent flow of approvals reflects the region's commitment to supporting the construction industry.
The rise in subdivision and multi-storey dwellings is shaping the local landscape, with developers responding to housing demand. The region is undergoing a transformation marked by high-rise structures and planned subdivisions. This development caters to the growing population and positions the area as a hub for modern living.
In summary, the economic factors - population growth, coastal land scarcity, and a thriving building boom - are creating an environment conducive to business growth. The real estate and construction sectors stand to benefit, contributing to the overall economic well-being of the coastal community.
Key Features:
Established Legacy: Over 50 years in operation, 25+ under current ownership.
Operational Simplicity: Easy-to-operate business model and generous handover period.
Efficiency: Low staffing with only one full-time employee who can operate autonomously.
Market Niche: Essential products mandated by OHS legislation.
Diverse Clientele: No single client represents more than 8% of sales.
Cash Flow Excellence: Remarkable 40% of sales are COD.
Low Competition: Minimal regional competition.
Favourable Lease Terms: The vendor is happy to negotiate suitable terms.
Genuine Reason for Sale: - The owner is ready for retirement.
Seize the Momentum:
Untapped Potential: Operated on only 40% of product hire capacity – presents room for growth.
No Specialised Skills Needed: Effortlessly managed by a retiring owner and one dedicated employee.
Expand with Ease: Potential for increased product hire and wholesale supply sales.
Minimal Learning Curve: No experience necessary; easily acquire Forklift and specialised product tickets.
EMAIL NOW
Step into a future of growth and prosperity. This business is not just an investment; it's an opportunity to shape your future.
Please note: the sale of this business is highly confidential, and as a result – no phone information will be handed out. Only registered Buyers will be given first preference for this outstanding business.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
