Business Sold Melbourne, Victoria 3000
Business Category Building and Construction Electrical Manufacturer
SOLD
Description
Sold - Air-conditioning, Design, Installation, Maintenance, Commercial And Residential – Melbourne
Business ID: BS155871
Estab. 34 yrs. Respected Brand, excellent reputation via long-standing maintenance contracts with schools, hospitals, aged care & residential clients
Authorised dealer and retailer with the major industry players. Member of Climate Masters of Seeley International group and Professional Organisations AIRAH, MPMSAA. Employs on-road technicians and trades who all hold necessary trade tickets and licenses. Utilises cloud-based scheduling systems to collaborate with their customers, sales, installers, suppliers, service technicians and accounts department.
- Projected Income FY2024 in excess $7 million
- Projected PEBITDA in excess $1.2 million
- Currently $2 million worth of ‘Work in Progress'
- Interactive website and showroom display
- Premises are highly visible and have excellent exposure to major roads and freeway
- Long-standing maintenance contracts
- Long-standing relationships with major suppliers
Terms of settlement: 10% deposit before the commence of due diligence, 90% due at settlement.
The investment required to create anything comparable to this business would far exceed the asking price. Its resilient nature has been demonstrated by its recovery from the impact of Covid which can be seen in the Information Memorandum available.
Asking Price: $1,300,000 includes all assets and stock.
Property Code: 3759
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This business is somewhat unique and has no similar competition in this region, category or price bracket.