Profitable Established Plumbing Business

Business For Sale Sydney, New South Wales 2000

Business Category Trade Services

$800,000 + SAV

Description

Profitable Established Plumbing Business

*About The Business*

The business has been servicing Sydney, for over four decades. As such enjoys a trusted reputation, long and established client list.
The business has a long history of working closely with some of the best names in commercial & residential construction and are the property maintenance services company they turn to as well.
At the cutting edge of 'installation and design' the business brings it's track record of expertise, experience and knowledge to the table for their client's, big or small.
Operating successfully across a number of different segments, the business also provides a finely tuned emergency plumbing service to consumers and corporations alike.
Key Points
o Plumbing - Emergency plumbing specialists with expertise in commercial and residential plumbing, strata, drain cleaning, hot water installation and repair and leak detection
o Maintenance - When there's an emergency plumbing issue and the client needs a fast and quality solution, the company undertake storm water and sewerage clearing and gutter clearing.
o Construction - The company is involved in high quality construction work, using the latest technology and the highly-experienced team.
o The company have worked on some great projects including some Sydney Icon buildings, Units and Housing developments, Healthcare facilities, AusGrid (Energy Australia).
o The companies O.H. & S. System is accredited and is assessed independently to ensure they comply with the NSW O.H.S Act and Regulations.
o The company carry all the necessary Insurances and Certificates of Compliance in our trade. They also work against the latest standards for environmental and sustainability in our trade


*Years Established*
The business was established in 1975 and has an extensive data base of clients both commercial and residential.
The company has contracts with Commercial / Residential builders, Real Estate agents, Strata Managers and Residential clients


*Location*
The business services all of the Sydney Metropolitan area with most of the work conducted in the Eastern and Northern Suburbs.The head office is located in an industrial are on the Northern Beaches, with majority of employees out at site.

*Trading Hours*

Emergency services - 7 days
Residential and Commercial construction and Maintenance is 6 days per week

*Lease*

The owner owns the premises and will
o Provide lease terms to suit
o Sell the existing premises
o Relocate


*Financials*

Period : p/year
Revenue : $1,750,000
Rent: $39,600
Expenses : $1,148,000
Net Profit: $563,000

*Employees*

The company currently has 10 full time employees and are constantly adding to the staff.
The owner and two senior staff currently work closely with customers to provide pricing and oversee the staff out of the road or at building sites.

*Training*

The current owner is comfortable making himself available to the new owners on a part time basis to ensure the smoothest possible transition and continuity of the business for you… the new owner(s).

*Potential*

The business has been servicing Sydney, for over four decades. As such enjoys a trusted reputation, long and established client list.
The company has extensive contacts with aged care facility builders and owners. The company has some long-term work already in place helping with the construction of these facilities and any new owner will be able to capitalise.
The maintenance side of the business keeps going from strength to strength and could be operated as a separate business unit.

*Reason For Sale*

After numerous years at the helm the current owner is interested in stepping back and enjoying some of the fruits his labour. Having said that he is also comfortable making himself available to the new owners on a part time basis to ensure the smoothest possible transition and continuity of the business for you… the new owner(s).
Contact Seller
Jeremy O'Gorman

Bsale ID: 532008

Aurora Business Advisors Australia
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