ENVIRONMENTALLY FRIENDLY INSULATION BUSINESS $199,000 (+ SAV)

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


Key Strengths:


About the business

Located in a well-known industrial area in a growing suburb of Ballarat, this is your opportunity to purchase an environmentally friendly ceiling insulation business which has been operating for 40 years. First established back in 1981 and acquired in 2014 by the current owners. This business offers a range of insulation services for supply or supply of wall and ceiling insulation products to projects. Offering a unique product available in only two other businesses located in Melbourne this has given the business a large market share and ensured consistent client demand. The business has developed a strong reputation in the current market drawing volume builders and local homeowners who want reliability and quality workmanship. This business will suit a new owner who is organised and able to plan, values outstanding relationships with suppliers and clients, appreciates and can deliver great customer service and high level of work-life flexibility. Some core strengths include strong in the market with a 40 year operational track record, broad product range, flexible business hours, steady financial growth and good earnings with avenues for further growth and an opportunity for a continued lease agreement upon negotiation.
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Asking Price:
$199,000
Yearly Profit :

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Country

Australia

State

Victoria

Suburb

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Postcode

3355

Locality

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Established on

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Revenue

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No. of employees

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Lease period

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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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