Under Offer! Niche Industrial Service With Regular Customers - Brisbane

Business Sold BS146227, Brisbane, Queensland 4000

Business Category Machinery Manufacturer Mobile Services Repair

SOLD

Description

Under Offer! Niche Industrial Service With Regular Customers - Brisbane

Business ID: BS146227

Profit to Owner $375K. Work from Home, Brisbane Based, Suit Tradesman/Engineer, Big Upside

This profitable business established in 2013 mainly services and maintains dust collection systems of all sizes. It also repairs, modifies and extends ductwork and installs and relocates dust collection systems. Its clients include food production, schools (woodwork dust extraction), quarries, cement and other factories, etc.

The business employs six casual employees and provides services predominantly in the Brisbane area but also services Toowoomba, Dalby, Sunshine Coast, Gold Coast, Hervey Bay, Gympie and has a few clients in Sydney.

Business Highlights

-Turnover Circa $900,000/annum
-Profit to owner $375,407/annum (avg. last 3 years)
-Experienced employees expected to stay
-Over 70 clients on routine servicing/maintenance, plus significant untapped potential
-Operate from home, owner works 30 hours/week
-Owner prepared to stay on a part-time basis if required

The business would suit a tradesman or engineer with mechanical aptitude. It is expected training will take 1 month, although the owner prepared to stay on as a part-time employee for 3-6 months if required. The owner is now 70 years old and ready to retire.

Asking Price is $699,000 Walk in Walk Out, including assets valued by owner at $30,500.


Property Code: 2304
Contact Seller
Xcllusive Business Sales

Bsale ID: 594608
Broker REF: xcllusive_49_505

Xcllusive Business Sales Pty Ltd