FLUSHED with CASH - Lucrative Plumbing Enterprise

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

- Profitable is an understatement, as the new owner will be FLUSHED with $$$
- Multi-million-dollar turnover, 80% from Maintenance
- Current owner in comfortable management/office role
- Large team of trade qualified and licenced plumbers
- High value plant and equipment including vehicles, construction equipment, mobile technology and hi-tech office equipment
- Fully automated systems for jobs, invoicing, GPS tracking, accounts
- Maintenance and Construction Supervisors and teams are in place
- 50% turnover from contracts, service agreements, commercial, local and state government
- Well situated to take advantage of projected Sunshine Coast population growth
- Opportunity to expand Construction division (currently only 20% turnover)

Business Information Memorandum will ONLY be made available for suitably qualified buyers and their financial adviser(s).

Inquiries are encouraged from interested parties who can satisfy our financial requirements. Please understand that very limited information will be supplied until these qualification requirements are met.

Business asking price: $1,400,000
Maximum stock value: $50,000

Ref: BB40118 Plumbing Services, Domestic Plumbing, Maintenance Plumbing, Gas fitting, Commercial Plumbing, Industrial Plumbing, Drain Cleaning, Sunshine Coast
Know someone that could be interested in this?
Asking Price:
$1,400,000
Yearly Profit :

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Country

Australia

State

Queensland

Suburb

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Postcode

4558

Locality

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Established on

Contact the business


Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

Email Broker Verified

Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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