Business For Sale BS144379, Townsville, Queensland 4810
Business Category Engineering Manufacturer Hire Services
Labour Hire, Mining And Industrial Niche - Queensland Focussed
Business ID: BS144379
$459,000 Profit to owners, Around 24 employees currently placed
The business provides the mining and industrial related industries with tradesmen and specialised engineering support. Services are provided across Australia, with a focus on Queensland, including Townsville, Mackay and Brisbane as the main industrial hubs of the state. Candidates are sourced from all over Australia and New Zealand.
Although the business operated from premises in Townsville for around 10 years, it has successfully migrated to a virtual business, reducing costs and providing more flexibility to the owners. The business has an extensive database of both clients and candidates. Clients typically respond to the regular email notifications listing engineering and trade personnel currently available or contact the business when personnel are required.
-Established 12 years
-Turnover exceeding $2 million per annum last 3 years
-$459,000 Profit to working owners in 2019 (1 full time + 1 part-time)
-Estimated EBITDA in excess of $250,000 in 2019
-Around 24 employees currently placed with clients
-Opportunity to expand as minimal marketing activity undertaken
-Business easily relocated as currently operated from home offices
The business will appeal to an existing labour hire business looking to bolt on acquisitions to bolster profits, a husband and wife or partnership team seeking excellent return on investment or anyone looking for a relatively simple B2B (business to business) operation with scope for growth.
The asking price for the business is $650,000, walk in walk out.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.