Summary
Business Operating at 40% Profit Margin. Reputable 7-year-old rope access painting company with well-trained, loyal staff with industry best practices & safety protocols ensuring optimal results
Revenue
$1,091,370 pa
Rent
$4,800 pa
Expenses
$560,000 pa
Net Profit
$430,000 pa
Location Details
Servicing all areas of Sydney and Blue Mountains.
Gear storage in Camperdown Sydney and a Company vehicle.
Potential
An incredible opportunity has arisen for the right buyer. Operating at 40% margin and a successful trading history spanning seven years, we have established a loyal base of long-term clients. Due to family commitments, I have deliberately kept my business at this current size. I have not advertised for over 2 years, the business has continuously grown through word of mouth & reputation alone, with some advertising the business's potential is huge. Being in such a niche market & a recession-proof business the earning potential is enormous.
Skills
Some management skills would be required unless you would employ someone for that position.
The employees are all rope access qualified and trade Painters, the teams are able to complete the projects without my instruction.
Currently I am the estimator and admin role.
All staff have first aid
Rope Access
Working at height certificate
White card
Hours
The staff work 5 - 6 days per week. (Monday-Saturday)
7am-3.30
My hours fit into 2-3, 8 hour shifts
Lease
Storage is rented at Kennards hire @ $750 per month. Month to Month contract
Employees
4 employees
2 x foreman/supervisor
1 x Painters
1 x admin/estimator
Reason for Sale
I have spent the past 7 years working in and growing this company.
I have transitioned into the admin roleover the past 2 years.
It is now time for me to focus on my teenager kids and help them start there own journey. The company has finacially allowed me to now do this.
I have spend 8 months on a sale that fell through due to him not getting his finance. I am extremely motivated to sell as i will be travelling overseas for 3 months.
About the Business
The company is unique as we focus on Painting as well as rope access.
We save clients sometimes half of what they have been quoted for the job with scaffold. We have won many business awards, and win master painters awards each year.
The past 2 years we have built a great reputaion for remedial work and render repairs/concrete spawling.
Our clients are a mix of Painting companies that need the access on their jobs, Strata companies, Builders and referals.
This Company is a good investment with net profit being high every year.
We have over 1 mil turn over each year without advertising, if you choose you could quickly expand that with advertising.
The staff are proficient and require little guidance.
History
I was doing this work for an employer when my sons football coach asked me to quote a job for him. I won the contract and was required to set up a company to complete the project. After the contract finished, I did some business courses and worked with a business coach to continue to build the company. Our clients are always happy with our work and surprised with what we can achieve via abseil.
Referals from our clients are a large part of our work.
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