Hire & Rental Business For Sale #6619

Brisbane Region, QLD
Asking Price $2,750,000
About
General Hire - Plant, Tools Machinery Scaffold Elevated Work Platforms

A sound, viable Business that is family owned and has operated since 1981. The Business is well known and trusted by a vast multi-generational customer base. Suitable as a Strategic Buyout or a Company wanting to expand into the South Queensland area. It can also be a stand-alone Business as it is independent. The Business has established and developed sound Business Systems that can be easily passed on to a Buyer.

The Business is growing as it is actively operating in a broad cross section of the DIY, Building, Tradie Contractors and the Plant Hire market. The Seller is very aware of his target market and focuses his efforts on that sector. The Business is Classified by the Hire & Rental Industry Association (Australia) as "General Hire".

-  Positioned at the same Address for years
-  Easily accessed off a Main Arterial Highway
-  Excellent Record Keeping and Systems.
-  Equipment Purchases are directed to the Market that they service.
-  Priced according to Industry ROI
-  Very Strong Cash Market
-  EBITDA $390,000 pa
-  Revenue 2023  $2,162,000
-  Run By a General Manager
-  Closed on Sundays and Public Holidays
-  Rent and Outgoings $11,887 Inclusive GST
-  Lease with 3 years + 1 Option of 5 Years.
-  14 Employees 12 Permanent or Permanent Part Time.

Contact The Broker For a Confidentiality Agreement For Further Information.

Selling Price Business:  $2,750,000

Broker:  Ray Dye xxxxx / xxxxx
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