Ad ID: 108101
High Rise Building Maintenance Business for Sale Sunshine Coast QLDEnquire about this "High Rise Building Maintenance Business for Sale Sunshine Coast QLD" opportunity on aubizbuysell
High Rise Building Maintenance
Why buy this High Rise Building Maintenance Business
High Rise Building Maintenance Business for Sale Sunshine Coast QLD Asking: $699,000 + SAVBased on the Sunshine Coast, this business specializes in painting, waterproofing and maintenance of high rise buildings utilizing rope access methods. The business has a long trading history with consistent high profits and skilled staff in place to handle all technical aspects of the business.
The current owners\' role in the business is high level management and not \"on the tools\". Knowledge of building and construction would be beneficial but is not essential (there are ample trade qualified employees).
Over the last 2 decades the business has provided building maintenance services throughout Queensland, with a large amount of work located in Southeast Queensland particularly in their home base on the Sunshine Coast.
* Very consistent revenue between $1.6m-$1.7m pa over the last 5 years
* Net Profit average last 3 years circa $300k pa after owner draws a wage.
* Currently 8 staff (often up to 13 staff in busy times)
* Approximately $500k current work in progress
* Maintenance contracts in place with over $200k guaranteed income for next 4 years for minimal output
* Customer base predominantly Body Corporates
* Documented systems in place for quoting, quality control & job scheduling
* Current lease $33,000pa with option to purchase freehold building
* Reason for sale - Owner Retiring!
With a total return to the working owner of close to $400k pa (Net Profit + Wage) this business offers an exceptional return on investment at the current asking price of $699,000.
For more information on this business please contact the marketing agent, Paul Price on 0477 971716 or email@example.com