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SOLD! Fitout and project management business for Banks, Government and the Corporate sector For Sale

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SOLD! Fitout and project management business for Banks, Government and the Corporate sector For Sale
Turnover of over $5.5 million in 2013 with profits of $1 million to owners after salaries

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Type: B

SOLD

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SOLD! Fitout and project management business for Banks, Government and the Corporate sector For Sale

This business has been established for over 20 years and specialises in providing complete office and retail fitouts for major blue-chip clients including banks and government departments.

The business has only three staff members (other than owner) on its books, all other work is sub-contracted.

The business is centrally positioned in the inner west but could be easily run from another location if desired.

Business Highlights

  • A large part of the revenue derived from blue-chip clients.
  • Excellent client database.
  • Exceptional revenue and profits.
  • Growth potential.
  • Predictable business with good management systems.
  • Repeat business monthly/yearly.
  • Regular predictable cash flow.
  • Could be set up under full management structure.
  • Low inventory levels required.
  • High barrier to entry at this level.
  • Very sound business in a strong industry.
  • Diversified markets to help future proof the business.

Asking price of $1,600,000 includes equipment, fixtures, fittings and goodwill.

Details

Subheading : Turnover of over $5.5 million in 2013 with profits of $1 million to owners after salaries
Business ID : BS2530
Status : Sold

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    REIV Awards Winner - Business Broker of the Year

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