You might also like...
Multi-award-winning SaaS and Creative Technology Group in Melbourne
Internal Ref: B15104
Summary
An exceptional opportunity to acquire one of Victoria's well-established access equipment hire businesses, servicing commercial builders, industrial contractors, and infrastructure projects.
Revenue
$1,000,000 pa
Rent
$114,000 pa
Lease
3x3 commenced May 2024
About the Business
Access Equipment Hire Business | $2.4M Replacement Fleet | Established Commercial Operation
An exceptional opportunity to acquire one of Victoria's well-established access equipment hire businesses, servicing commercial builders, industrial contractors, infrastructure projects and major construction companies for over 12 years.
Generating approximately $1 million in annual revenue, this business has built an outstanding reputation through reliable equipment, exceptional customer service and long-standing commercial relationships.
A standout feature of this opportunity is the inclusion of an extensive fleet of more than 180 access machines, with an estimated replacement value of approximately $2.4 million. Building an operation of this scale from the ground up would require years of investment, significant capital and extensive industry relationships.
Specialising in scissor lifts, boom lifts and elevated work platforms, the business enjoys strong repeat clientele and long-term commercial contracts, with fleet utilisation averaging approximately 85%. Many machines remain on major projects for periods of six to eight months, creating predictable recurring revenue and excellent cash flow.
The business has been fully systemised with integrated fleet management software, preventative maintenance scheduling and an in-house service department, ensuring efficient day-to-day operations and maximum equipment uptime.
In addition to equipment hire, the business generates further income through EWPA accredited training and Verification of Competency (VOC) services, creating diversified revenue streams.
Operating from spacious commercial premises, the business includes a large warehouse, dedicated workshop, operational office, multiple additional offices and showroom space.
Business Highlights
Approximately $1 Million Annual Revenue
Over 180 Access Machines Included
Approximately $2.4 Million Estimated Replacement Value Assets
Established for Over 12 Years
Approx. 85% Fleet Utilisation
Strong Commercial & Construction Client Base
Secure Lease in Place
Fully Systemised Operations
Integrated Fleet Management Software
Dedicated In-House Service Department
Preventative Maintenance Program
Approximately 90% of Fleet Fitted with Crush Protection Technology
EWPA Accredited Training & VOC Services
Significant Growth Opportunities
For further information, please contact:
Nicole Maroush
Absolute Business Brokers
[email protected]
0435 305 815
Ref: B15104
Connect with us