Business ID: XB6305
Building License Not Required Significant Levels of Annual Recurring Income
This is an excellent business with a minimal number of competitors. If you are currently in the building-related industry, you are probably tired of the complexity of quoting, requoting, out-of-stock situations, charging for variations (and then chasing payment for them, dealing with multiple suppliers, councils and then hiring or contracting skilled staff, etc Then simplify your life -this business is what you need.
This business is a leading supplier to Government and privately funded sports stadiums in NSW, ACT and QLD. The business has a long-term exclusive relationship with a key supplier that has extended for 18 years, and an opportunity exists to expand into other states and territories.
A small team (3-4) employees provide the onsite installation and maintenance services with the assistance of labour hire staff as and when required.
Both owners work in the office, providing tender responses to Principal Contractors and quotes for the regular maintenance services the sporting floors require.
This business is the only supplier of Australian-designed sprung sports flooring systems, with all competitors either using American and European solutions, which are NOT ideal for Australian conditions.
- Two revenue streams flooring sales and resurfacing
- Maintenance services every year
- 150+ clients in the maintenance database
- Small team of experienced staff
- Strong relationships with key suppliers here & o/s
- Office hours Mon-Fri 9:00 am 5:00 pm
- Could be run from home office or any location
- Onsite hours 7:00 am 3:15 pm with some Saturdays
The vendor will provide a thorough handover to the buyer of the business to ensure that all information relating to proprietary equipment and techniques is understood by the buyer to enable him/her to maintain a competitive advantage in the market.
Should the buyer wish, the vendors will secure as much of FY 26 revenue as they can by obtaining orders and prebooking all maintenance tasks for the year.
The business has produced an exceptional income for the vendors for a good number of years.
The fact that the business generates a new maintenance client each time a new installation occurs helps ensure that future income can be relied upon should sales of new installations be slow for any reason.
The business is making an outstanding income for the 2 owners while running with only 2 maintenance crews in operation; in the past, there have been up to 8 crews. It has been purely the owner's choice to scale back to make the business very easy to run. Many maintenance requests are still received that have to be declined, but could be taken on by a new owner willing to grow the business beyond its current levels.
Asking Price: The assets and goodwill of the business are for sale for $1.83m. Stock at Value will be charged separately at landed cost price.
Property Code: 4377
