Location:
Brisbane City 4000 > Brisbane - Greater > Queensland
Investment level:
$2,398,000
Type:
Business
Industry:
Commercial Services > Building & Construction
This is a Fully Staff Managed, Brisbane and Gold Coast based Traffic Control Management Equipment Hire Company.
It is transferring to its new or an existing industry player a large asset base of more than $3 Million. All consisting of high quality well maintained and regularly hired equipment. The major benefit of owning a hire company, especially one that is under staff management (long term manager treats it as his own), is the fact that its net income is generated by simply dropping off and picking up equipment from work sites, the same owned equipment, makes a passive income per hour once sited for clients. With a high repeat hire and quote conversion rate, this hire service is heavily relied upon. It being a preferred and internally registered provider to local councils, civil, engineers, road builders, road maintenance, traffic control companies and other hire companies. This is an opportunity not to be missed. While the current owner still enjoys staying connected to the business, they now invest just a few hours each week, by choice, liaising remotely with the manager from afar.
• Well established for more than the last decade, this business offers any new owner (no prior industry background required nor prior knowledge or skills) or could be a boon for a strategically aligned hire company, set to secure even more market share instantly, by adding this high-quality client list and inbound sales and profit activity immediately, to an existing operation.
• Let’s not forget the high-quality and well-maintained equipment that is insured for $3+ million. All forms part of this high asset value’ package. As, this owner many years ago chose to step out, and trust its long-term business manager, instead of partaking in the day-to-day activities, giving time and lifestyle freedoms to pursue other property interests instead.
• Some say that without a lot of marketing and advertising, the business is based upon a high rate of recurring hire income, being received by clients, not proactively generated (other than submission of quotes etc.). This business operates within a specialised, legislated segment of the hire industry. Its equipment is a mandatory requirement on a wide range of projects, including road construction, road maintenance, civil works, electrical projects, infrastructure construction, repairs and refurbishments.
It’s been more than a decade in the waiting. All this equipment value and a great staff managed return on investment, is now being transferred for just $2.398 Million WIWO
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