Tower Crane Hire Business

Mortdale NSW
Asking Price $149,000
About
Rare opportunity to purchase an operating Tower Crane Hire business - earn immediate income.

Investment - Great entry level in this ever demanding and growing construction industry to generate long term income.

The business is self running which has been setup in a way that you dont need to invest time or effort to manage its operations, this function is covered and managed by an ‘Exclusive’ Contract Agreement which is in place with a client who has sub-hired the crane and manages all crane functions and operations, including allocating projects for the crane to keep working and earning, allowing you the opportunity to have minimal commitment to running the business.

This self-running business allows flexibility to work from home with long term income stream due to housing demand and growth for residential development, with future projects in the pipeline for ongoing work, essentially paying itself off in 3 years and another 10+ years of making profit.

Note: this crane is currently erected and working on a live construction site, earning immediate income and continuous work available.

Sale includes the Tower Crane, a 2017 Raimondi MRT84 which is an unencumbered asset worth between $120-130k alone, but also includes the ‘Exclusive’ Contract Agreement with a client who tenders for upcoming residential construction projects to secure hiring for the crane to keep working and earning income with more than 10 years worth of ongoing work available.

The client manages and covers all crane operations and running costs/expenses, including insurance, warranty & parts, erection, dismantle, transport and storage, as well as maintenance and servicing, taking a 25% fee for the above services, and also tendering for future projects for crane to continue working and earning.

The crane is accompanied with all required accessories and equipment including concrete kibble, brick cage, service derrick, aviation lights, chains and hooks.

Serviced every 3 months and comes with all service and maintenance records.
In perfect working condition - No faults or defects.

Additional information:
Outgoings/ Expenses - $0.00
Profit - ranges between $900-1500 per week depending on the size of project and builder/developer (-25% Management Fee deducted from the client which covers all running costs and expenses of the business).

Note: the crane is currently erected and working on a construction project, interested buyer can view crane on site by appointment.

Price is slightly negotiable.

The Phone Code for this property is: 36102. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (xxxxx Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Ref Num: 118235638
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