UNDER MANAGEMENT? LONG ESTABLISHED? VIRTUAL MONOPOLY? GOVERNMENT CONTRACTS? - THIS BUSINESS SAYS YES TO ALL! Ref No. RL10098C

Business Summary

Net Profit: $900,399
Price: $2,100,000
Industry: Manufacturing, Service

This high profile diverse business with multi income streams is providing an essential service to a busy industry sector in a growing regional centre. With a virtual monopoly this is the ideal position for any business – but few can lay claim to it!

Showing an exceptional 43% Return on Investment this long established UNDER MANAGEMENT business has grown to be the only one that can service Local and State Government contracts in the Great Southern Region of WA but it also provides a variety of services to residential and local business clients. It has a wide spread client base, a unique reputation in the industry and region but also has room to grow for a new owner.


Key Features

  • OPERATING FOR 70 YEARS, OWNER RETIRING.
  • VIRTUAL MONOPOLY - UNDER MANAGEMENT
  • LOCAL AND STATE GOVERNMENT CONTRACTS
  • VERY HIGH BARRIERS TO MARKET ENTRY
  • LONG ESTABLISHED REPEAT CLIENT BASE
  • LOYAL LONG TERM PEOPLE IN KEY MANAGEMENT POSITIONS
  • HIGH VALUE PLANT & EQUIPMENT - A CONSERVATIVE $1,100,000
  • OUTSTANDING REPUTATION IN THE GREAT SOUTHERN REGION
  • WIDE SCOPE OF SERVICES
  • FAST GROWING REGION
  • DOCUMENTED SYSTEMS AND PROCEDURES IN PLACE
  • CONSISTENT GROSS PROFIT

Business Overview

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DIVERSE, UNDER MANAGEMENT, 70 YEAR OLD BUSINESS IS ONLY AVAILABLE DUE TO OWNER RETIREMENT

After 40 years consumed in growing the reputation and versatility of this family business which started in 1949, the Owner wishes to now RETIRE to spend more time enjoying life. 

The business is located in a fast-growing region which drives demand, the Great Southern Region of WA, where both the State Government and the private sector are committed to major projects worth hundreds of millions of dollars.

This business has a virtual monopoly in this market as no local competitors have the range of equipment, the expertise or the staff to undertake the wide range of services provided by this unique business. 
 
This Business has a long list of successful projects completed on time and to budget, which consolidates its reputation as the regions only choice and helps win the confidence of new customers.

Year to date sales and profits are up on last year and with contracts in place the owners expect the trend to continue. Because of the unique situation the business has in the market place, it has been able to hold its gross profit at around 61%.
 
The business has an excellent long term management structure with each division of the business having a Manager and a Supervisor with a team of experienced staff to undertake the essential services. The loyalty of management team has been a feature and the strength of the business for many years. The staff are dedicated and experienced and many of them have been with the business for long time.

A complete set of verified accounts which clearly show its sales and profitability and financial records are readily available. 

The business has been serving the Great Southern Region for 70 years and due to its reputaion and position in the market place it offers a buyer the security of a lower than normal risk factor.

It undertakes no advertising or promotion and it doesn’t even have a  website. This gives the new owner an easy means by which to boost sales and profits. 
 
We could go on and on, instead we have prepared a very detailed report on this unique business operation including financials for the last 3 years. Best you give me a call on 0438 925 511 or register your interest to make an appointment and discuss this opportunity further. 

Financial Analysis

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The owner advises that with current contracts and work in the system they expect to show profits around $1million this 2017/18 financial year.

Listing Brokers

Paul Susana

Paul Susana

Senior Business Broker to the Russell Lyon Team

Russell Lyon

Russell Lyon

Principal - Over 35 Years Business Sales Experience