Respected Insurance-Builders Repair Business, Northern NSW. Av profit $480k pa.

Business ID: XB165302

Trading in the industry for 40 years. Specialising in insurance repairs for nearly 10 years. Revenue approx $4.5 mil pa.

The business is located in a fast-growing area of Northern NSW with many major towns and cities close by. The potential for major growth is substantial under the right leadership. The present owners wish to retire soon, but are flexible in an extended handover. The business has an excellent flow of steady work, with an impressive pipeline of work covering a diverse section of residential and commercial building repairs. This opportunity is ideal for an industry buyer wishing to grow by acquisition or someone in the industry wishing to start their own business. Both owners work in the business, one in admin and the other overseeing operations.

   -  Excellent location with expected major growth

   -  Recession – resilient demand from Insurance work

   -  Predictable cash flow

   -  No lengthy waits for job payments

   -  Regular storm activity in the area underpinning high demand

   -  Option to trade in Qld with the appropriate licensing in place, to add another growth opportunity

   -  Continuous pipeline of work with the option to expand with other job providers, such as loss adjusters

   -  Substantial list of assets

The vendors are flexible on the length of handover terms, although they do wish to retire once fully exited from the business. Full training would be offered by the vendors after the completion of the sale.

This business sale represents an ideal opportunity for a present business owner to expand their operations or for a new business owner wishing to acquire a business in the area. The area is very popular with continued growth and expanding opportunities.

Asking Price: $1.3 million including stock and assets

Property Code: 4736