Heavy Haulage Repairs and Maintenance Business – Perth, WA

Perth WA
Asking Price $5,300,000
About
Business ID: XB157090

EBITDA in excess of $2M forecast for 2023/24.


The business provides a range of repair, maintenance, and fabrication services to the haulage industry in WA. Crane repairs, side loader repairs, low loader repairs, spray painting, fabrication, mechanical and electrical repairs, chassis straightening – the range of services is specialised and diverse.

Offers a first-class service to a range of customers (leading transport, logistics, and heavy lifting companies) with efficient repairs and maintenance, and outstanding customer support and advice.

   -  Growing annual sales (FY21 $3M > FY22 $3.9M > FY23 $4.5M > FY24 $6.M)

   -  Excellent profitability (forecast of $2M+ for current financial year)

   -  Extensive list of Plant & Equipment included in asking price ($1M+)

   -  Business is an accredited sponsor as defined by the Department of Home Affairs and employs mechanics and other qualified trades from the Philippines using the services of certified migration agents

   -  Business has a strong reputation within WA

   -  Excellent relationship in place with customers and suppliers which will lead to opportunities for years to come

   -  Geographically flexible business with superbly established base strategically located near high-demand areas

   -  Extremely strong profits and cash flow

The current owner has owned and operated the business for over 22 years. He is ready to scale back as part of a retirement plan. The current owner is committed to ensure a smooth transition to a new owner. The business is to be sold as a going concern (Sale of Business).

There are multiple opportunities to continue the strong growth of this already successful business and compelling reasons as to why a buyer should consider purchasing such a well-established business.

Asking Price: Offers of $5,300,000 including Stock at Value (SAV approx. $100,000) are being sought from the market.

Property Code: 3884
        
Ref Num: xcllusive_51_1376
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