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Building & Construction business for sale in Canberra Airport

  • Building & Construction
  • Canberra Airport ACT 2609
  • $500,000 (GST na)

Roofing Business Owners Profit $325,000

We are accepting offers! This established, predominately colorbond roofing business focusing on new residential buildings (70%) and repairs (30% split evenly between residential and commercial) is a must-own business for those that can manage staff, suppliers, and endless demand from customers.

The annual turnover is approximately $3,700,000 per year, with an owner's profit of $325,000 working a five-day week, 9 hours a day. The owner does not work weekends as he loves to fish and get down the South Coast.

The cost of goods is about 40% or $1,500,000; and contractors and installers wages are about 35% or $1,300,000. There is a mix of paid employees and sub-contractors that do the installs.

To attract staff, he provides them with a vehicle guaranteed to leave bonus and three weeks Xmas shut down.

He has negotiated 14-day payment terms for builders and seven days terms for homeowners. You will need about $250,000 working capital to run the business.

The owner focuses on working managing jobs and has automated the quoting system spending $25,000 on a customised app you will get ownership of.

There is a small office staff consisting of:
sales and orders coordinator - $75,000 plus car
office, admin and finance - $55,000
Quality checker part time - $30,000 per year

There is a leased small yard and office that costs about $50,000 per year. A few years back, he decided to rent an office to get work away from home, and he highly recommends it, but if you had 50sqm and a yard of 300sqm, you could run from home.

There are three utes and a truck and about $100,000 worth of equipment.

In terms of ongoing support, he's prepared to hang around for six months, 2 1/2 days a week, to help with pricing and troubleshooting.

There is guaranteed work in the pipeline, and all unfinished will be assigned to the new buyer.

He is asking $650,000 with 50% vendor finance over four years secured by residential property.

Contact construction sales business expert Frank Walmsley 0400446605

Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales

Business Highlights

Business ID2017064850
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Last updated  10 Jun 2021
Map for Canberra Airport ACT 2609
Map for Canberra Airport ACT 2609Canberra Airport ACT 2609
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Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales

Business Highlights

Business ID2017064850
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 Jun 2021
Capital Commercial Business Sales
Level 2, 80 Emu Bank Belconnen ACT 2617
Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales

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Capital Commercial Business Sales

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