AMUSEMENT AND LEISURE BUSINESS – UNDER MANAGEMENT - GROWTH YEAR ON YEAR - LEADER WITHIN THE INDUSTRY

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NET PROFIT
$326,707

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PRICE
$740,000

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STOCK
INCLUDED

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LOCATION
Perth Metro South

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REF NO
RL6274

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BROKER
Richard Broad

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RL6274

Key Features

EASY TO MANAGE

EASY TO MANAGE

Good basic business skills can run this business. The current owners started with no background in this industry whatsoever and it’s gone from strength to strength. Plus there is a full time manager.

 

PROVEN STRONG SALES & PROFITS RESULTS

2014 Sales $743,865

Under Management Adjusted Profit $326,707

 

 

CHECK IT OUT!!

  • Plant & Equipment 51% of total business value
  • Huge Market – Many repeat clients
  • Under Management
  • Low Stock
  • Cash sales – Low Risk
  • Majority Casual Staff
  • Excellent and Proven Reputation
  • Strong History of Sales & Profits
  • Present owner works 15 hours per week
  • Government and Corporate Clients
  • Excellent capacity for growth

 

 

UNDER MANAGEMENT

 

The business operates with a Manager to look after operations and control the day to day allocation of work plus supervision of staff.

 

CASH SALES

 

Vast majority of clients pay on the day therefore excellent cashflow and limited working capital required.

 

15 HOURS PER WEEK FOR OWNERS

 

Simplicity of operations equals low stress, high enjoyment and satisfaction. “This is a great lifestyle business – Manager looks after operations

 

 

LOW RISK BUY

 

Everyone wants a business that offers security, this one has shown to be not affected by economic conditions such as a recession. It’s rock solid, has proven year on year results. All you have to do is keep providing the quality of service the current owners offer their clients.

 

 

SALE PRICE $865,000

Includes Plant & Equip. $446,800

 

 

Businesses like this are as rare as hens teeth –

THIS ONE IS SPECIAL!!!

 

 

It’s a great opportunity for the Buyer to acquire a secure and reliable operation with the luxury of a solid repeat client base

 

 

ADDITIONAL KEY FEATURES:

 

Easily Operated

The Business has a simple model and operations are looked after by the manager. It couldn’t be simpler, meaning the purchaser will easily master its operations during the generous one month post-settlement handover period. However the vendors are available for longer if desired.

 

Growth in Sales and Profit

Sales have grown consistently and the owners see no reason why the growth will not continue, especially given Perth’s population growth.

 

 

Well Established as The Market LeaderThe Business has developed an excellent reputation as a professional, clean and honest operation and as such is the first choice of over 1,500 clients.

 

Established Repeat Client Base

The business has solid client base of regular repeat business which include government and corporates. It’s not reliant on agencies or a few large clients, thus offering excellent stability.

 

High Asset Value in The Purchase Price

A high percentage of the purchase price is made up of plant and equipment. Compared to low asset businesses, this business reflects a lower risk and potentially delivers a higher bottom line profit through being able to minimise your tax through claiming depreciation.

 

 

Long Life Equipment

The equipment is all well-maintained and will serve the new owner well into the future.

 

Cash Business – Excellent CashflowAll private bookings are paid for in advance. This provides the business with an excellent cash flow, which minimises working capital.

 

Low Stock Level, Just $2,000

Carrying high values of stock will demand higher working capital requirements and unnecessary money tied up during the term of ownership.

 

Growth Possibilities

Although a vast majority of sales are simply self-pro­pelled there remains excellent opportunity for a new owner to further grow the business in the local government, corporate and recreational sectors.

 

 

Performance & Reputation

This business has built its reputation over many years in an industry where first impressions and safety are important, their performance and client satisfaction is evident, hence the volume of ongoing repeat and referral work.

 

 

Large Consumer Market

The market is driven by a basic need of healthy family enjoyment. That’s what makes this industry so special and reliable.

 

 

 

 

 

Barrier to Market Entry

Aside from the very high capital equipment cost required to replicate this business, any newcomer would also find customers reluctant to change from a proven and reliable supplier already providing great service.

 

Excellent PremisesThe premises, which are owned by the owners, provide an ideal layout for this business and also allow for plenty of further expansion for the new owners. Suitable new lease available for a new owner;

 

Minor Overheads

Given the size of the annual turnover, overheads remain relatively small. Staff are all employed on a casual basis, so there is no need to pay for hours not used to generate income.

 

 

Opportunities for a business like this don’t come along very often, register your interest today.

Key Features

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