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Scaffold Hire Business Sunshine Coast

Business for Sale
Scaffolding Business for sale on the Sunshine Coast business for sale opportunity.
Sunshine Coast QLD

Excellent cash flow business for sale, an opportunity to buy a very profitable scaffolding business with an already established and solid client base from Brisbane to the Sunshine Coast.

Price $1,080,000

Scaffold Hire Business Sunshine Coast

Stock Included: Yes
Stock Value:
Years Est: 10
Gross Revenue: 832,965

Summary:

Excellent cash flow business for sale, an opportunity to buy a very profitable scaffolding business with an already established and solid client base from Brisbane to the Sunshine Coast. Erecting and hire of scaffolding for mainly residential units and town houses, no experience necessary as training can be provided.

Revenue
$832,965

Net Profit
$429,728

Potential:

Earn additional income and profits by purchasing your own transport (a second-hand semi-trailer).  Would save an additional $60,000 per annum taking the profits closer to $500,000 per annum.

Advertising is currently minimal, there is potential to grow through updating a website and general marketing.

Skills:

The current owner had no experience in the construction industry, so only general business skills would be required.

Hours:

Monday to Friday from 5am until midday.

Lease:

Operates from an open paddock with an onsite shipping container as an office. Storage can remain rented on site or you can move it to a site that suits your location.

Employees:

One owner plus 2 staff and 2 contractors.

Reason for Sale:

Family reason requires the sale plus the owner wants to change industries.

About the Business:

This business operates from the Sunshine Coast to the Southside of Brisbane. All work undertaken is carried out using well maintained equipment.

Experts predict Sunshine Coast real estate prices will skyrocket on the back of rising infrastructure spending, industry growth, jobs and lifestyle. Analysis of region’s market over the past 12-months revealed 14 suburbs where housing achieved capital gains of 10 per cent or better, with Buddina, Forest Glen, Meridan Plains and Noosa Heads all breaking the 13 per cent barrier.

Property research company Hotspotting released their quarterly National Top 10 Best Buys report and named the Sunshine Coast as a real estate winner. Hotspotting also chose the region as its National Growth Star in their most recent PricePredictor Index report which studies sale volumes across Australia.

Hotspotting founder, Terry Ryder, said there are opportunities from Caloundra to Noosa. “There are more growth suburbs on the Sunshine Coast than any other local government area in Australia,” He also said the region has evolved beyond its tourism tag.

“It is transitioning to becoming a well-rounded regional economy and it is happening largely through infrastructure spending, some of which is creating new industries,” he said.

The Sunshine Coast University and the $2 billion University Hospital were examples of regional game-changers. “We have this whole new industry now bringing lots of new people to the Sunshine Coast and many of them earning pretty good money so that is a big change to the economy,”

He said the Kawana precinct between Maroochydore and Caloundra would see demand from both owner occupiers and tenants’ ramp up while the airport expansions and the Maroochydore CBD renewal had driven prices. “If you add up all the projects, all the infrastructure projects and other developments, there is over $20 billion.”

Hotspotting created a list of national top 50 suburbs set to deliver strong price growth in the near future and housing at Coolum Beach, Golden Beach and Noosaville made the cut.

This strong growth will have a run on effect for businesses involved in building, construction and related services such as this scaffolding business.

History:

Established 10 years ago by two brothers although only one of the owners are currently working in the business. The business is being sold to dissolve the partnership.

Initially they started with some painted steel kwikstage scaffolding which accounts for approximately 30% of the inventory and has grown the inventory using galvanised scaffolding.

The business has grown strong relationships with five main builders the biggest of which build 50 townhouses in a project, this builder alone has ongoing work for 2 years.

The owner is hands on attending every erection of the scaffolding and also at every dismantling. He is generally finished by noon each day.

Contact Seller

Logo

Visit Website

Contact: Joanne Woodbridge
Mobile: 0415887733
Bsale ID: 164900
Agent ID: 2151




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