Building and Construction
Sunshine Coast l QLD
Ref: 2151

New listing

Scaffold Hire Business Sunshine Coast For Sale

Summary
This very profitable opportunity to buy a business which is well established with solid client base on the Sunshine Coast which has predicted strong expansion in a sought after location with support and training providing erecting and hire of scaffolding for mainly town house dwelling whilst been built. You earn money 24/7. Excellent cash flow business for sale as the hire is paid at the completion of putting up the scaffolding business for sale. You will further benefit from rain and other factors which will require the scaffolding to remain on site longer. This extra time is paid on dismantling of the scaffolding.

Revenue
$832,965
Net Profit
$429,728

Potential
Earn additional income and profits by purchasing your own transport – semi trailer. The current transport costs the business $104,000 per annum. A second hand truck which a new owner could operate and save an additional $60,000 per annum taking the profits closer to $500,000 per annum.

Skills
The current owner was a chef so general business skills and a handyman aptitude would be ideal.

Hours
Monday to Friday from 5am until midday.

Lease
Runs from an open paddock with an onsite shipping container as an office. It can remain on the site or you can move it to a site that suits your location. Current rent is $1,250 per week plus GST.

Location
Northern end of the Sunshine Coast

Employees
One owner plus 2 staff and 2 contractors.

Reason for Sale
Family reason requires the sale plus the owner wants to change industries.

About the Business
This business operates from the Sunshine Coast to the Southside of Brisbane. All work undertaken is carried out using well maintained equipment of the highest standard.

Experts predict Sunshine Coast real estate prices will skyrocket on the back of rising infrastructure spending, industry growth, jobs and lifestyle. Analysis of region's market over the past 12-months revealed 14 suburbs where housing achieved capital gains of 10 per cent or better, with Buddina, Forest Glen, Meridan Plains and Noosa Heads all breaking the 13 per cent barrier.

Property research company Hotspotting released their quarterly National Top 10 Best Buys report and named the Sunshine Coast as a real estate winner. Hotspotting also chose the region as its National Growth Star in their most recent PricePredictor Index report which studies sale volumes across Australia.

Hotspotting founder, Terry Ryder, said there are opportunities from Caloundra to Noosa.

"There are more growth suburbs on the Sunshine Coast than any other local government area in Australia," Mr Ryder said. Mr Ryder said the region has evolved beyond its tourism tag.

"It is transitioning to becoming a well-rounded regional economy and it is happening largely through infrastructure spending, some of which is creating new industries," he said.
Mr Ryder said the Sunshine Coast University and the $2 billion University Hospital were examples of regional game-changers.

"We have this whole new industry now bringing lots of new people to the Sunshine Coast and many of them earning pretty good money so that is a big change to the economy," he said.

Mr Ryder said the Kawana precinct between Maroochydore and Caloundra would see demand from both owner occupiers and tenants' ramp up while the airport expansions and the Maroochydore CBD renewal had driven prices.

"If you add up all the projects, all the infrastructure projects and other developments, there is over $20 billion," he said.
Hotspotting created a list of national top 50 suburbs set to deliver strong price growth in the near future and housing at Coolum Beach, Golden Beach and Noosaville made the cut.

This strong growth will have a run on effect for businesses involved in building, construction and related services such as this scaffolding business.

History
Established 10 years ago by two brothers although only one of the owners are working in the business.

He was a chef before starting this business and the business is being sold to dissolve the partnership.

Initially he started with steel scaffolding which accounts for approximately 30% of the inventory and has grown the inventory using aluminum scaffolding.

The business has grown strong relationships with five boutique style builders the biggest of which build 16 townhouses in a project. The builder will do several each year.

The owner is hands on attending every erection of the scaffolding and also at every dismantling. He is generally finished by noon each day.

Sale Price
$1,080,000

Price: $1,080,000
Hallmark Business Sales
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Broker : Peter Gwynne
Phone: 0415 887... (click to show)
Mobile: 0415 887... (click to show)
Fax: 07 5677... (click to show)
Address:
159 Tahiti Ave
PALM BEACH, QLD, 4221


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