BM7249E - SHORT TERM EQUIPMENT HIRE
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
It's Every Business Owners Dream....
MARKET DOMINENCE IN A SECURE NICHE
20 hours per week on average
2 months off each year!!
This business is SO GOOD YOUR ACCOUNTANT WILL WANT IT!
::>>> West Australian Monopoly in Niche rental market
::>>> Low Owner Hours (on average 20 hours per week)
::>>> NO STAFF!!
::>>> December and January off every year, plus other holidays
::>>> High quality, $150,000 plus rental fleet
::>>> Some PASSIVE INCOME streams
::>>> Business to Business Transactions
::>>> No Advertising budget
::>>> Genuine sale reasons
As will be soon evident, this business is a rock-solid hire-equipment supplier
, with an strong reputation built over some 6 years relating to the service and supply of specialist hire equipment.
This business operates as the Dominant Player
in regards to the rental of specific equipment within the Western Australian market.
With significant barriers to entry, the large rental fleet provides the business owners with a river of passive income and short term hire income flowing from well-established business relationships.FEATURE #1 – Incredibly Low Overheads
With no staff, very little rental expenses, and a solid bank of hire plant and equipment, this business experiences only minimal overheads on a month-to-month basis. Working capital requirements are therefore extremely low.FEATURE #2 – Capacity To Expand
There is sufficient plant and equipment, as well as potential in the marketplace, to expand this business to new clients within its target market. With an almost non-existent advertising budget this business has grown through word-of-mouth only and has in no way reached its full potential.FEATURE #3 – Simple Simple Simple
While no business is completely simple, you will struggle to find a similar business with the simplicity of this particular opportunity. The owner rarely breaks a sweat, and will be on hand to ensure a new business owner is thoroughly trained during handover period (which shouldn’t take long at all).
But this isn’t just a business with exceptionally low risk; it combines this with considerable untapped growth potential – a rare mix not found in most businesses.
The owners of this business are selling for genuine reasons.
Gross Profit: $303,773
PRICE: $497,000 All inclusive
Net Profit: $217,648
------------------------------------------------Risk Reducing Key Features
Self propelled sales and a high gross profit margin of 96.78 percent indicates a business which is solid and growing strongly.
- Low Hours Per Week By Owner
One of the current owners works between 15 and 20 hours per week. All the owners’ tasks could be allocated to a staff member and the business run under management.
- Widespread Growing Repeat Client Base
The business has approximately 85 customers. Its largest customer has traded with it for seven years and does so because the Business makes running their business easier and more profitable for them. It would be extremely difficult for a competitor to win this company’s trust.
- Preferred Supplier Status
The Business is in the enviable position of being a preferred supplier to several major customers. This means several of these customers may tender on the same project and regardless of who wins, the Business usually gets the work.
The Business has been servicing the Perth market for some seven years and during most of that time the demand for its products and services has increased. With very little sales or marketing effort turnover has continued to grow year on year, purely through reputation and word of mouth.
Currently, the business employs no full time staff
- No Reliance On Sales Staff
The vast majority of sales are simply self-propelled which means that the current owner does not have the overhead of running a sales force or advertising. However it also puts the new owner in the enviable position of having at hand a means by which demand could almost certainly be increased if need be.
No one in the Perth market has the range of equipment, experience, technical capability or reputation to compete with the business.
The business virtually closes down in December and January, allowing the owners to enjoy extended annual holidays. A reliable subcontractor is also capable of handling the work for the owners at other times.
The business has never advertised.
With all orders placed by email and no walk-in traffic, the business can be operated from anywhere.
Given the size of the annual turnover, overheads are extremely small – just fuel and telephone and as much labour as the business wants to allocate to subcontractors.
- Long Established Repeat Client Base And Supplier List
Doesn’t rely on agencies and has many long standing repeat order clients, thus offering excellent stability.
All the business’s rental equipment is purchased when demand is established. Its purchase price is usually returned in just one or two rentals.
The business has a complete set of verified accounts which clearly show its profitability.
During the vendor’s ownership the Business has not experienced any bad debts.
The business’s major client has paid its account on the day its due for the past seven years without fail. Other clients payments rarely go beyond 30 days.
With no advertising or marketing due to the current owners’ desire to keep the business unstaffed, there are numerous opportunities to rapidly expand the business if desired.
The business profile on this business is now completed, so register your interest by clicking the “email me
” link below my photo to avoid disappointment.Email Me
now to register your interest for this excellent business.Blair Macdonald
Phone: (08) 9429 8882(08) 9429 8882
Mobile: 0433 149 1440433 149 144
Broker/Agent ID Number: