Business ID: XB6305
30%+ of Sales are from High Margin Maintenance Services RECURRING Revenue
This business is a leading supplier to Government and privately funded sports stadiums in NSW, ACT and QLD.
The business has a long-term relationship with a key supplier that has extended for 18 years, and an opportunity exists to expand the company greatly.
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 supplies Australian-designed sprung sports flooring systems, with most competitors either using American and European solutions, which are NOT ideal for Australian conditions.
- Multiple revenue streams
- Maintenance services every year
- 150+ clients in the maintenance database
- Over 300 installations completed
- Small team of experienced staff
- No significant reliance on trades-qualified staff
- Strong relationships with key suppliers here & o/s
- Office hours Mon Fri 9:00 am 5:00 pm
- 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 that the buyer of the business can acquire all knowledge required to maintain a competitive advantage in the market.
This is an excellent business with a minimal number of competitors.
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 floor is installed ensures that future income can be relied upon should sales of new floors be slow for any reason.
The buyer of this terrific business has the opportunity to earn a considerable income and an outstanding return on investment. There is ample profit for the buyer to engage an experienced salesperson and an administrator while still maintaining an Return on Investment of over 30% per annum.
The business would be a perfect add on to an established joinery business as economies of scale would be available to the buyer.
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
