Under Offer! Forklift Hire, Service And Sales – Central Coast, Nsw

Business ID: BS146444

3 Year Av Income to Working Owner $220K pa

Operating in the materials handling industry this business has been in operation on the Central Coast for 18 years providing forklift hire, service, repairs, and sales to all businesses across the Central Coast, Sydney & Newcastle. With a current fleet of 29 forklifts, the business has a considerable asset base that on its own produces a recurring income of over $180,000 per annum through its hire agreements.

-Recurring weekly/monthly income through hire
-Predominantly Central Coast operation – minimal commuting required
-Operated from a low-cost workshop and home office
-Minimal overheads
-$350K+ of equipment assets included.
-Large database of regular clients
-Minimal competition in its SME market
-Excellent reputation within the forklift industry
-Genuine scope for immediate growth

The vendors would like to provide a genuine transition to the new owners. A two-week handover will be provided as part of the agreed sale and one (or both) owner(s) is/are prepared to work for the new owner (wages to be agreed) for a further 6 months to provide a seamless transition and assist with any staff recruitment.

This business will suit a number of buyers for example,

-Husband and Wife team
-Salesperson with materials handling or mechanical experience
-Mechanic with outsourced administration
-Business investor

There is additional work available immediately to grow revenues/profits and increase the value of this business as well as increase the income to the owner.

Asking Price: The Goodwill and Assets of the business are for sale for $550,000

Property Code: 2866