Temporary Fence and Toilet Hire
ACT
Last asking price $545,000
Sold June 2023
Construction
General Description
Very well known Australian wide hire business to the construction industry. The owners have an exclusive distribution agreement to service the Canberra region in the hire of their products. If you are looking for a very profitable business, minimal staff, low stock cost -than note the following:
Business currently operates using 6 staff (includes one owner) and casuals.
Owners earning for 2014 $241,000. Owners earnings for 2015 projected to be over $250,000.
Parent company supplies 99% of the products - No Stock Cost.
Prices charged for hire is at the owners discretion.
Not reliant on one customer - large base of clients generates the revenue.
Each month business receives income from clients from rehires.
No franchise fees - distribution agreement with Parent company.
Finally experience in the construction industry is not necessary however a strong work ethic is what is required.
This business will always be required and will only get busier with more strict OHS requirements.
Potential
To date little marketing has been undertaken. Majority of the work has come from word of mouth. The new owners can implement some marketing and even begin targeting clients to increase the business profitability.
The new owners of this business could already have another business and bolt this business onto it very easily. Staff are very capable so can look at putting a manager on if you do not want to work in the business.
Premises
Run from an open yard with office facilities.
Location
Canberra
Trading Hours
Open Monday to Friday.
Requires some out of hours work.
Distribution Agreement
The distribution agreement signed 2011 - initial term 5 years with 5 year option.
Lease
$30,000 + GST per year
New lease to be put in place as owned by owner
Financials
Turnover for 2014 $663,000
Turnover as at March 2015 $514,385
Gross Profits 90% (little to no stock cost)
Net Profit to One Owner 2014 $241,000
Projected Net Profit 2015 to One Owner over $250,000
Includes approx $110,000 in assets
Price
$545,000
Include equipment of approx $110,000
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