11 days ago

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Glenn McTaggart
 

Summary

IN TODAY'S DYNAMIC BUSINESS LANDSCAPE, A SUCCESSFUL ENTERPRISE THRIVES BY DIVERSIFYING IT'S REVENUE STREAMS. This business ticks all those boxes!

Revenue

$1,918,000 pa

Net Profit

$333,000 pa

Potential

The growing Perth population will require the continued building of infrastructure and facilities to accommodate it, such as schools, sports facilities, community centres, hospitals etc., and all these new buildings will require these products.

The vast majority of sales are simply self-propelled which means that the current owner does not have the overhead of running a sales force.

Employees

Our well-qualified, loyal tradesmen have been with the business for many years and are able to work unsupervised the majority of the time. This is a distinct benefit to a new owner.

About the Business

This business has thrived for nearly 25 years and due to its diverse nature provides a constant cashflow that is not affected by seasonal demand.

Self propelled sales and a high gross profit margin of 60% is indicative of a business which is both solid and in a strong growth phase.

The vast majority of sales are simply self-propelled which means that the current owner does not have the overhead of running a sales force.

The business mainly focus on commercial and industrial customers and enjoys ongoing support from a number of blue-chip customers who they have serviced for a number of years. For a new owner there is immediate opportunity to expand into the domestic market.

These essential products and services are provided by the business to customers such as hospitals, commercial offices, restaurants, hotels, supermarkets, medical facilities, factories and more.

Medical facilities, such as hospitals, clinics, and laboratories, rely on these products and services to ensure sensitive medications, vaccines, and specimens maintain efficacy. The team are experienced in providing medical-grade service and solutions that meet the stringent requirements of the healthcare industry.

This business attracts new customers through word-of-mouth from referrals from existing customers or leads from our website.

Our competitive edge lies in our expertise and extensive experience within the commercial market. Our core strengths are primarily concentrated in the commercial sector, where we excel in handling larger and more technically advanced machines.

The commercial market for these products in Western Australia is poised for significant future growth. As the country’s economy continues to thrive, the demand for commercial spaces, such as offices, retail and hospitality establishments, and industrial facilities, are expected to rise.

We exclusively offer products from reliable manufacturers to ensure only trade in the finest quality.

Extreme weather events, such as heatwaves, have become more frequent and intense in many regions. As a result, people are increasingly turning to these products to cope with high temperatures and maintain comfortable indoor environments.

The total client base numbers are approximately just over 3,000 customers, of which repeat order clients represent approximately 20% of total sales per annum. The largest customer represents only 5.8% of annual sales and has had a trading history with the Business for 20 – Years.

A high percentage of the purchase price is made up of modern plant and equipment.

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