Business Sold Ascot, Western Australia 6104
Business Category Building and Construction Mobile Services Repair Trade Services
SOLD
Description
Essential Service Business - Net $500k
**NEW NET PROFIT OF AROUND $500K AFTER RECENT RESTRUCTURING**
The business provides essential services to commercial, corporate and government sectors and history shows it can be rapidly expanded. Currently operated by 1 working director it can be run under management, added onto an existing business or continued as is, giving the buyer complete flexibility.
The company has enjoyed massive growth and is actually being deliberately held back by the current owners due to age and wishing to semi-retire. A buyer/s with energy could easily take this business to a whole new level as all of the methods and procedures are already in place.
No formal qualifications or licenses required by the buyer.
FEATURES
Last 3 years turnover averaging $1.95m per annum
Average net of $266,000 pa to 1 working director (projected return is now $500,000)
Over $750k in pending quoted work
Around $550K in approved quotes to be transferred to buyer at settlement (as of Dec 2022)
Huge growth
No requirement for extensive stock holdings
Excellent client base
Extensive repeat & referral business
Unique in the market place
Excellent trade reputation
Suits stand alone buyer or as an add on
Excellent staff in place
Essential services provided
Easily expanded
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