Business NO.:
3390010
Status:
Active
Price:
$1,200,000
Updated on:
25/01/2024
Business Features:
Self-managed
Provides the opportunity to own and run your business for greater reward. Find out more about the difference between managed and non-managed investments.
Small Business
Is independently run, locally based, and offers the flexibility to do business the way you want.

SOLD

Mobile Services | Business for Sale | Western Australia

ESSENTIAL SERVICE BUSINESS WITH IMMEDIATE EXPANSION OPPORTUNITIES
Prospective buyers will be attracted to this enterprise due to its low-risk profile, resulting from minimal competition, low operational costs, a lean staffing structure, modest working capital requirements, and favorable positioning in a region of rapid expansion.

The business is extremely easy to learn and manage; with procedures and staff in place, it operates easily and generates work from customer inquiries on a continual basis.
With essential services needed by every property and business with the growing population driving automatic growth, this is truly an amazing opportunity for any buyer.


The current owner is hands-on with the business which is probably to his detriment. With the right people in place, the business could easily be restructured so that the new owner could spend more time managing and growing the business.

That's the beauty of the business as it offers flexibility to what a new owner chooses to do within the business.

Over the past 30 years, the business has always had a limited number of competitors in this industry.

However, over that period our business has gone from strength to strength and continues to thrive.

There is an opportunity for immediate expansion, as the current owners are always knocking back work that they can't handle.

The business has operated for over 30 years which has passed very quickly and the current owners are now looking forward to retirement. The business is in great shape for a new owner with a large repeat customer base and high-quality plant and equipment.

The total customer base numbers are approximately 3,000 customers, of which repeat-order customers represent approximately 70% of total sales per annum.

We would estimate at any one time that there would be around $1.0 ml in ongoing works in front of us and we are continually quoting for ongoing works.

The past three years have been marked by sustained growth in both sales revenue and profitability for the business. In particular, a 14% increase in sales revenue between 2020 and 2021, and a further 17% increase from 2021 to 2022.

Looking ahead, we anticipate that this upward trend will continue, particularly if a new owner takes advantage of the various expansion opportunities available to the business.

As such, we are confident that this business presents an attractive and profitable investment opportunity for interested buyers. With a proven track record of success and a clear path toward future growth, we believe that this business is well-positioned for long-term success in its respective industry.

Our business is relatively simple to operate now that we have established systems and processes that streamline the operation.

Our customer base is wide and varied which reduces the risk of the business not having a reliance on one industry. The customer base includes:

Residential Home Owners
Small and Medium Sized Businesses
Corporate Businesses
Land Developers
Local Shires
Caravan Parks
Golf Clubs, Schools
Hospitals
Daycare Centres
Aged Care Facilities
Plumbers
The business's growth has been entirely based on word-of-mouth the better service it provides the more work it wins. This means its growth isn't dependent on external factors over which it has no control.

If you would like a copy of the Comprehensive Business Report request a confidentiality agreement via email or phone.

For more details, please email broker or call agents.