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Refer to Broker
Refer to Broker
An opportunity has been made available to own a long established, highly creditable Commercial Plumbing business known for quality workmanship in the industry and contracted clients.
Established for over 3 decades, this well-known and preferred plumbing business offering highly skilled staff, proven project management system and effective suppliers’ chain in place.
Offering high Return on Investment with normalised EBITDA of over 25% on average.
Key features of this opportunity:
– High turnover of $2.0 Million (2020 FYR performance) under COVID situation
– Over 90% of turnover from contracted clients
– Well established local and state government contracts in place
– Highly experienced and loyal team of trades people upto 19 years of experience
– Large team of tradesman and apprentices set up to grow the business to next level
– Business to Business dealings and selective tendering process
– Strong supplier network with over 25 years of relationship
– Opportunity to expand in residential plumbing market (currently under 5% of turnover)
– Offering high value asset as part of the purchase
Over and above, an opportunity to leveraged on over 3 decades of owner’s extensive experience and network in the commercial industry as the owner is wishing to continue for reasonable time if required. The business has the reputation of quality workmanship and as a preferred contractor for plumbing services to the government organisations.
Not to be missed opportunity for someone who would like to either expand or explore this lucrative 5 days business without compromising family time.
Ref #NSW09636
Himanshu Shah
LINK Business Sales Consultant
Phone: +61 2 9899 1999
Mobile: +61 403 017 344
Email: himanshu.shah@linkbusiness.com.au
To complete an online confidentiality agreement, visit this business at: http://www.linkbusiness.com.au/businesses-for-sale/ca/NSW09636/
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
*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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