Industrial/Manufacturing
CANBERRA l ACT
Ref: 5605346

Highly Profitable & Long Established Business! Fantastic 95% Return on Investment!* For Sale

King Air Pty Ltd is a high quality private local company that provides technical expertise in the Air Conditioning and Refrigeration fields. Due to the impending retirement of the owners, the business is now on the market to be sold!

The business was established in 1992 and is primarily focused on the commercial and industrial sector for installation and maintenance of air conditioning, heating and ventilation within the Canberra, Queanbeyan and wider region.

King Air Pty Ltd has been committed to providing their clients with the highest standard of service and has developed a business management system that incorporates Work Health & Safety, Quality Assurance, Environmental Policies and site specific plans that comply with the WHS&E Act.

The business initially commenced operations by installing small commercial air conditioning equipment for the mechanical services industry and providing contract maintenance service to a small number of clients. The next 10 years saw major growth and expansion of the services they now provide with the business currently holding approximately 65 maintenance contracts including a major contract with an ACT Government Department.

They have now cemented their position within the market with their excellent reputation.

Commercial construction in the region is going through a boom period with King Air Pty Ltd successful in securing major project work through the tender process with Mechanical Contractors.

The business has huge potential for growth with turnover and profits growing significantly over each of the last three financial years.  A motivated new owner could easily expand operations further and benefit handsomely.

The fully trained and experienced staff are willing to stay on with the new owner, supported by an established subcontractor base for specialised services.

A fleet of 13 vehicles is included in the sale.

There is also an option to purchase the premises should you desire, otherwise a new lease will be negotiated with the vendor.

Don't miss out on this exceptional opportunity! Phone Michael TODAY!

Sale Price $695,000 + SAV

*95% Return on Investment is based on the 2020 Financial Year 'Owners Adjusted Annualised Earnings' as calculated from the available Profit & Loss Statement.

For more information about this exceptional opportunity please contact Michael Newham of Finn Business Sales on 0419 263... (click to show) or email (click to show email)
Price: $695,000 + SAV
The Finn Group
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Australian enquiry? Yes No

Broker : Michael Newham
Phone: 1300 535... (click to show)
Mobile: 0419 263... (click to show)
Fax: 07 3103... (click to show)
Address:
377 Kent St Sydney NSW
Sydney, NSW, 2000


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