Summary
An opportunity to acquire a plumbing and gasfitting business with 20 years experience. Highly successful and profitable business. Immediate revenue & profits with an ROI of over 45%.
Revenue
$1,040,134 pa
Potential
There is an exciting opportunity to take this business to the next level by:
● Expanding the product/service mix
● Developing recurring revenue streams through maintenance agreements
● Tapping into the growing construction market in the region
● Accessing opportunities in the government and commercial sector
● Exploring further untapped marketing opportunities with their own large customer database
Skills
This business would suit an existing industry participant who may be looking to scale quickly.
The business would also suit someone looking for an excellent investment opportunity.
Lease
The current commercial premises are ideal for the business and a new owner will have the option to take on a lease.
Reason for Sale
Owners looking to take advantage of the successful business they have built and spend more time with family.
About the Business
This is a rare opportunity to buy a business at an amazing price with highly sought-after attributes.
This is a highly reputable plumbing and gasfitting business based in the ACT. This business has decades of experience providing plumbing, drainage, heating, cooling and gasfitting repairs.
Being an essential service, this business continued to support clients and community during the COVID environment. As a result, the business is extremely resilient, demonstrated by strong growth rates over the last 2 years.
Key Features
● Strong YOY growth in both turnover and profit.
● A three-year average EBITDA of over $900k
● The business has a very strong foothold in their market, a solid brand strategy and excellent reputation.
● The company is highly systemised, and all processes and procedures have been well documented to support administration and field staff in delivering on the company’s promises.
● Proven processes for lead generation and a strong digital marketing strategy
● A highly customer focused team, which has led to high return customer rates and exceptional customer testimonials and positive feedback.
● Integration of technology to create further efficiency in the business
● Significant customer database of over 10,000 contacts
● Highly scalable systems ready to bolt on complementary products & services
● The current owner works in oversight capacity and is not on the tools.
A significant fleet of vehicles and specialised equipment are included in the sale.
The business also comes with a very strong digital presence – websites and other channels that generate sales.
The owner is prepared to help transition the business for a period of time.
All the hard work has been done to build a successful business that is in great shape to transition to new ownership.
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