Under Offer! Commercial and Residential Removals/Storage, Queensland

Brisbane QLD
Asking Price $5,370,000
Business ID: BS146317

Turnover $7 mil plus, 2022 & 2023 EBITDA circa $2 mil

The business is a market leader in commercial and residential furniture removals in Queensland. The business has over 30 trucks in the fleet and has a substantial number of containers and storage units. This business offers a rare opportunity to secure a market-leading enterprise with a turnover exceeding $7 million.

Business Highlights

   -  Turnover exceeding $7 million FY22 and FY23

   -  FY22 EBITDA circa $2.0 million

   -  Sought after assets including 30 trucks and over 180 containers

   -  Assets included in the sale valued at $3.76 million

   -  Stable workforce with MC, HR, and MR licensed drivers

Genuine reason for sale, unique opportunity, significant and strategic assets. Owners may stay on for a period if required. The owner is open to liquidating unwanted vehicles separately.

Asking price for the business is $1,608,000 for goodwill, plus $3,762,000 for independently valued assets, totalling $5,370,000 PLUS stock in trade and WIP.

Property Code: 2443
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