Business Sold 132 Forster Street, Invermay, Tasmania 7248
Business Category Building and Construction
SOLD
Description
Residential Building Co, $3.32m Forward Work Projected Net $580k, Asking $495,000 +sav
This systematic well organised HIGHLY PROFITABLE operation, specialises in new builds only, no renovations, onsite homes, kit homes and cabins.
Operating 5 days per week. building homes throughout Tasmania, with customer demand beyond existing capacity.
With a team of 9, plus two owners, it runs smoothly as all employees are either contractors or provided by a labour-hire company.
Using steel frames manufactured in the factory and erected on-site, with an established team of other trades.
This business has signed contracts and deposits paid on $3.32M of forward work and is being sold with all plant and equipment at an asking price well below the current years net profit.
If you have been looking for an established business that will generate serious earnings from day one, look no further.
With all systems in place, such as a quoting system, plans, sales manager, two web sites, this business is ripe for the next operator to expand under the current buoyant economic conditions.
Phone Business Broker Paul Scott on XXXXXXXXXX . XXXXXXXXXX
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.