Commercial Diving Services- Govy And Commercial Clients

Business Sold Mosman, New South Wales 2088

Business Category

SOLD

Description

Commercial Diving Services- Govy And Commercial Clients

Sydney based commercial diving contractor with over 50 years of expertise in all aspects of subsea engineering and marine construction. Since 1965 the company has been providing industrial diving services to the marine construction, shipping and submarine cabling industries. Combining an extensive inventory of plant & equipment and highly experienced commercial divers, it has the capability to complete projects to the highest industry standards.
Income: $2,285,000 - average per annum
EBITD: $700,000 PA on average after wages to owners.
Price: $1,200,000 - includes all equipment, vehicles and boats.
KEY FEATURES:

Extensive training and support period will be available to ensure a smooth transition and minimal disruption.
This business services between 30-40 customer groups annually.
The owner has increased the customer base through referrals only - no marketing has been done.
5 days per week only unless there is emergency work.
Very stable business model with years of consistency with the current clients. The service is an essential speciality service needed by their commercial and Government clietele.
An established business, with clients situated throughout the Sydney region and NSW. They have on occasion performed work in other states.
Essential Service industry that cannot be exported overseas or disrupted by the internet.
Enormous scope for scalability if a new owner wishes to expand into other states.
Long-standing relationships with existing clients who regularly refer clients to them.
Solid, profitable business and an offer of a due diligence to support the figures.
Excellent team of experienced staff.
Contact Seller

Bsale ID: 578678
Broker REF: 3357168

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