Skip Bins Business For Construction, Local Council And Residential – Qld

Business For Sale BS148209, Noosa Heads, Queensland 4567

Business Category Building and Construction Hire Services

$1,600,000

Description

Skip Bins Business For Construction, Local Council And Residential – Qld

Business ID: BS148209

95% repetitive Business Profits $450K+ Assets over $1,15M - Sale Price $1.5M

With over 300 skip bins operating from Sunshine Coast up to the Hervey Bay region. The business has been founded in 2009 and run by the current owners since early 2019. The business has grown by 55% since the takeover and has established itself as the largest skip bins business in its immediate vicinity. 95% of its sales are coming from repetitive clientele while 5% is coming from the residential market.

-304 skip bins of different sizes
-Well over $1.150M of Assets (independently valued)
-Turnover over $1M in FY 21and forecast of $1.2M for FY 22
-Profits over $440k in FY 21 and forecast for FY 22 of over $550k in FY 22
-95% of sales coming from repetitive customers,
-5% from Residential Market

The owners are offering two weeks training as part of the asking price

This business is suitable for investors which want a foot in the construction without the headache and complexity of skilled staff shortage. A simple business offering a simple service that requires no special skills with the exception of Heavy Vehicle Licence for the drivers. The business can easily grow via acquisition and inserting more technology. Secured investment with a large component of assets making up more than 65% of the asking price, this business can be even more optimised with more use of computing power. The growth could also come from more logistical tactics, a larger network and tendering skills. A rare opportunity in the heart of a growing region.

Asking price: $1.6M

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Xcllusive Business Sales

Bsale ID: 566995
Broker REF: 6779265

Xcllusive Business Sales Pty Ltd
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