Summary
Great opportunity for a Plumbing Tradesperson with Plumbing Licence to take over an already established Plumbing Business. Home base - no lease with long term clients and repeat customers.
Revenue
$550,000 pa
Net Profit
$150,000 pa
Location Details
The business is located in Ipswich/Brisbane West and surrounding areas with assured growth within the region from residential, commercial and industrial sectors. Shed Leasing also available on heavy traffic location close to major industrial estate.
Potential
This business has significant potential to expand for the right individual. The current workload is manageable for one person, with a large and diverse client base including residential, commercial and industrial sectors. The business is highly profitable and can be expanded with dedicated effort. The current owners do not advertise and rely on existing contacts, offering a strong foundation for growth. With the right approach, the business could potentially operate 7 days a week, further increasing revenue.
Skills
The new owner would need to have a current QBCC Plumbing and Drainage Licence and comply with Financial Requirements set out by the QBCC.
Hours
Hours are flexible, currently operating from Monday to Friday 7am-3.30pm.
Lease
This business is home based therefore no lease but there is potential to lease a shed from the owner at a cost.
Employees
The business is run by 1 tradesman (the owner) and the reason for selling is the owner is retiring but is willing to stay on for a short period of time for a smooth transition.
Reason for Sale
The sale is primarily due to the owners retirement.
About the Business
The business was established by the owners in 1999 and has enjoyed solid and dependable profits thanks to its long standing reputation and word of mouth in the Ipswich/Brisbane West and surrounding districts. It has amassed a substantial client base over the previous 26 years including Industrial, Commercial and Residential customers. The business operates from their home base but is easy relocatable to nearby areas and has low overheads. There is also an opportunity to lease a 5 bay shed with major road frontage in Ipswich at an additional agreed price.
The business also has approximately $50,000 worth of assests included in the price such as vehicles, toolboxes, drainage machine, drain camera, ladders and hand tools, website and business number etc.
Business Highlights:
Long term clients and repeat customers
Stable and dependable workload
Assured growth within the Ipswich/ Brisbane West areas
Network of reliable subcontractors
Home base - No lease
Flexible working hours
Diverse clientele
Shed Lease potential
Established Website & Business Number
History
Since its inception in 1999 the business has been well established and has served the owners effectively. It started primarily with residential plumbing maintenance and new builds and has gradually expanded into commercial and industrial maintenance over the years. The current owner has maintained the business focusing on keeping all aspects of plumbing services available and up -to-date.
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