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Scaffold Hire- $430k Profit 50% Roi

Business for Sale
Moreton Bay/ Brisbane North/Sunshine Coast QLD

2017/18 Turnover $832,985 and Profit $429,728. Huge room for expansion as current owner has more work than he can handle and hardly does any marketing. Can be easily placed under Management.

Price $795,000 WIWO

Scaffold Hire- $430k Profit 50% ROI

Stock Included: No
Stock Value:
Years Est: 10
Gross Revenue: 832695
Summary:
Does getting paid on the day you deliver and then monthly in advance appear an attractive business for sale. More business than you can handle proves expansion potential.

Revenue
$832,965

Net Profit
$429,728

Advertising is currently minimal. There is expansion potential to grow through updating the website and general marketing.

This could be an expansion potential for existing builders.

The business could be placed under Management with the owners concentrating on marketing - they could quickly replace the Manager's salary.

This South East Queensland business for sale is in a growth market for the building of houses and townhouses, an industry tipped to be the next prime investment sector.

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 this site or you can move it to a site that suits your location. Rent is $60,000 per annum.

Employees:
One owner plus 2 staff and 2 contractors.

Reason for Sale:
This business is for sale due to family reasons, this means an opportunity for you.

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

There are more growth suburbs on the Sunshine Coast than any other local government area in Australia. 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.
The Sunshine Coast University and the $2 billion University Hospital are examples of regional game-changers. There are these whole new industries bringing lots of new people to the Sunshine Coast and many of them earning good money.

The Kawana precinct between Maroochydore and Caloundra will see demand from both owner/ occupiers and tenants’ ramp up the construction industry, while the airport expansions and the Maroochydore CBD renewal have driven up prices allowing further construction. 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 brothers is currently working in the business.

Initially they started with some painted steel kwikstage scaffolding which accounts for approximately 30% of the inventory. They then grew the inventory using galvanised scaffolding.

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

The owner is hands on attending every site each day. He is generally finished by noon.

Sale Price:
$800,000 or nearest offer. Includes assets of $450,000

Contact Seller

Logo

Visit Website

Contact: Howard Dennerstein
Phone: 0419729696

Bsale ID: 215732




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