Sold! Roof Maintenance And Repair Business – Sydney

Business ID: BS144649

Adjusted Profits to the owners consistently over $1.7M each last 3 years- Sale Price $3.5M

The business commenced in 1990 and quickly established itself as a reputable and reliable contractor with its service offering sought by Strata Management companies.

The customer base is now predominantly represented by major Strata Companies throughout the Greater Sydney area. In total, the business regularly services 35 regular strata businesses of which each would maintain a number of residential and commercial complexes.

- Current turnover approx. $4.0M pa

- High gross margins- 51% last year

- History over 30 years

- Operated profitably over many years

- Strong cashflow

- Mainly strata clients pay in 14 days

- Minimal bad debt history

- Reputation and name in industry

- Well defined areas for growth

- Business is well systemised

- The business can be scaled up if required

- Business turns away work

Both owners are willing to offer the purchaser adequate training as required to help learn the day-to-day running of the business.

Subsequently, the owner may also be available on a consultancy basis if required particularly to assist with the technical aspects of the business as well as aspects relating to growing the business further.

This business is suitable for an investor with marketing and business skills to expand the business. The current owners are holding the business to current revenues but acknowledge several opportunities available for growth.

Alternatively, we see this as an attractive opportunity for someone already servicing strata managers in other areas, as a bolt on opportunity.

Asking Price: $3,500,000

Property Code: 3055