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Business ID BS917

State of the art products, business in a growth phase and scaleable. This business has an element of recurring service revenue that is increasing year on year.

Adjusted Profits to owner operators approx $1M + Sale Price $1.9M

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This business was established by the original owners and has been in operation for over 10 years. The business imports and installs carpark management equipment. They also provide after-market service, preventative maintenance contracts, service contracts and consumables for their customers. The business is the sole Australian distributor for a well known and trusted European parking product known for their product reliability and latest in technology worldwide.

  • Ideal standalone business or "bolt on" opportunity
  • Good reputation in market place
  •  Reliable and state of the art product
  •  Sole distribution rights
  •  Very price competitive
  • Current sales $3M pa
  • Good Gross Margins of 40%
  • Opportunity for further growth in Sydney and interstate

Vendors will assist with a sensible handover and ongoing assistance to ensure continued success of the business.

One of the owners wishes to now retire whilst the other owner has a degree of flexibility and may consider retaining some shareholding and/or continue running the business in some capacity.

This business is suitable for an investor with marketing and business skills to expand the business. There is a good opportunity for a new owner to expand the business interstate to build a national business model.

Asking $1,900,000 includes equipment, fixtures and fittings, and goodwill. Stock required to operate this business is around $100K and is additional to purchase price. 

 

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Business Sale Price:
SOLD
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