Leading Supplier of Sprung Sports Flooring – NSW

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Xcllusive Business Sales
 

Summary

Highly Profitable with RECURRING revenue from annual maintenance services

About the Business

Business ID: XB6305

Highly Profitable with RECURRING revenue from annual maintenance services


This business is a leading supplier to Government and privately funded sports stadiums in NSW, ACT and QLD.

The business has a long-term relationship with a key supplier that has extended for 18 years, and an opportunity exists to expand into other states and territories.

A small team (3-4) employees provide the onsite installation and maintenance services with the assistance of labour hire staff as and when required.

Both owners work in the office, providing tender responses to Principal Contractors and quotes for the regular mantenance services the sporting floors require.

This business is the only supplier of Australian-designed sprung sports flooring systems, with all competitors either using American and European solutions, which are NOT ideal for Australian conditions.

- Two revenue streams – flooring sales and resurfacing

- Maintenance services every year

- 150+ clients in the maintenance database

- Over 300 installations completed

- Small team of experienced staff

- No significant reliance on trades-qualified staff

- Strong relationships with key suppliers here & o/s

- Office hours Mon – Fri 9:00 am – 5:00 pm

- Onsite hours 7:00 am – 3:15 pm with some Saturdays

The vendor will provide a thorough handover to the buyer of the business to ensure that all information relating to proprietary equipment and techniques is understood by the buyer to enable him/her to maintain a competitive advantage in the market.

This is an excellent business with a minimal number of competitors.

The business has produced an EXCEPTIONAL income for the vendors for a good number of years.

The fact that the business generates a new maintenance client each time a new floor is installed ensures that future income can be relied upon should sales of new floors be slow for any reason.

Asking Price: The assets and goodwill of the business are for sale for $1.83m. Stock at Value will be charged separately at the landed cost price.

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