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Business ID BS5313

Very well established Hire Vehicle business. $800k profit to owner operators

Operating for nearly 30 years this business has a strong structure and loads of potential for growth. Sales of $2.8 million for 2015 is impressive.

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The business has an excellent overseas presence with a large part of the clientele coming from Europe. Included in the sale of this business are approximately 70 vehicles (approx $2 million value) and $1 million dollars of forward bookings with $500k of deposits already paid. The main depot is in Sydney with a second depot interstate. Very good lease terms on the premises with well maintained plant and equipment. Low staff levels for the size of business.

Business Highlights

  • All revenue derived from online sales.
  • Potential for developing a larger customer base.
  • Excellent revenue and profits.
  • Good growth over the years.
  • Systems and procedures in place.
  • Steady business monthly/yearly.
  • Regular predictable cash flow.
  • Good team of staff in place with excellent culture.
  • Very good location (central depot).
  • Reasonably high barrier to entry at this level.
  • Great market to operate in.
  • Comprehensive website.
  • Good quality and very popular product.
  • $I million dollars of future sales locked in.
  • Large list of tangible assets.

The business owner will offer full training for 1 month and then ongoing support if required at a negotiated fee. There is a full commitment for a smooth transition of ownership.

This business has everything in place to continue growing under the right guidance. The present owners are ready for retiring but would stay with the business for an extended period of time under a part-time arrangement. This is a business that is well worth a closer look. Call today for more information.

Sale price $2.87 million includes all vehicles, plant and equipment and forward customer bookings of approx $1 million.

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