Equipment Sales plus Rental Fleet Nets EBITD of $1.1M

12 days ago

Location:
Brisbane - Greater > Queensland

Investment level:
$3,500,000 + SAV

Type:
Business

Industry:
Food & Drink > Vending

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Internal Ref: 3280

Summary

The business is comprised of two main income streams being the importation and sale of commercial equipment with repeat Sales of over $2.4M pa

About the Business

The business is comprised of two main income streams being the importation and sale of commercial equipment with repeat Sales of over $2.4M pa plus a passive income of approximately $1.2M derived from a current large fleet of over 1,284 items of hospitality based equipment on long term rental agreements paid via Direct Debit one month in advance with minimal servicing costs of approximately 12% of the rental fees received.

• 2018 FY Total Income $3.5M
• 2018 FY EBITD Net of $1.1M
• Established since 2005
• Mostly a staff run operation with 8 F/T employees
• Owners mainly in supervisory capacity on very part time basis
• Considered the largest of its type in its strong market segments

Many new orders and supply opportunities continually arriving thus ensuring additional further future growth in equipment sales and the expansion of the rented equipment fleet. Both areas are substantially expanding each year.

Operates Monday to Friday from 7:30am to 4pm located in a low cost base
352m2 warehouse with 3 tier pallet racking, mezzanine offices and storage area. Mainly staff operated with owners frequently overseas for extended periods of time and only provide general operational supervision as needed.

Confirmation of Financial Capacity at Asking Price and CA will be required to receive further information.

Note - images are provided for display purposes only and may not accurately reflect the business advertised for sale.

Contact Business Brokers Queensland on 1300 699 480 for further information on this business or to register for regular email updates on new businesses go to our website at www.bbqld.com.au.

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