Price
$698,000
Profit *
$420,000
Sales Revenue
$2,260,000
Location
Far North Queensland, Cairns Region
Category
Services, Repair
Listing #
BR00847
Essential Service! Sales Growing Under Lockdown.
A successful North Queensland based business which is run completely under management, seller has lived away from the business for the past 4 years and has started a new business venture and is seeking to move on.
The owner has created multiple profit centers which are run completely under management.
This is an opportunity for someone to purchase a long established and highly profitable hydraulic services business.
Enterprises of this nature offer their owners excellent stable and consistent income with further growth potential and hence they are tightly held and hard to obtain.
Will suit a interstate multinational looking to expand.
In the past 12 months returned a non working owner over $420k.
On track to deliver in excess of $500k this financial year.
Plant and equipment value of over $350k.
Asking $698,000 plus SAV (+/- $250,000)
Keywords: Hydraulics, Mechanical Services, Hydraulic Maintenance, Fitter, Engineering, Seals
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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