Essential Service Business - Net $500k

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
Contact Seller
Jenny Nagle

Bsale ID: 542743