Industrial/Manufacturing for sale
Large & Successful PIRTEK Franchise Nth Qld
The offering: PIRTEK Fluid Transfer Solutions Franchise, servicing the Bowen Basin
The Business is a current member franchise of the National Pirtek Fluid System Franchise Group, a market leader in fluid transfer solutions operated by Pirtek Fluid Systems Pty Ltd.
Key points on the subject business:
* Established circa 1996
* Annual Sales - YTD 2014 $3.473m; 2013 $7.34m; 2012 $9.19m; 2011 $7.45m
* Gross Profit Margins achieved circa 60.00%
* Net Profit (PEBITD) to Owner/manager -2013 $1.280m
5 yr Avg $1.801m
* Has a well equipped modern workshop with up to date equipment & vehicles
* Has six (6) key residential holdings located in the Bowen Basin service area for staff on location, circa $$2.575m or Current Market Value.
* Head Office premises: secure lease with options
* Managed by 1 fulltime owner, 3 part time owner, 1 fulltime employed manager and 19 experienced staff covering accounts/admin; on-site workshop staff; and Mobile hose fitters.
* Established customer data base of significant mining companies and other significant industrial customers
* Quality training and handover provided
* Price (Business): $2m + SAV of $1.7m and Work in Progress
* Price of key related real estate: $2.575m or Market Value (Mine Site Accommodation)
This outstanding opportunity would suit a hands-on owner/manager to take over this well established business, located in this very strong mining environment giving the buyer an opportunity to elevate this business to be one of the leading Pirtek Franchises in Australia.
Ownership Requirements: Buyer will be required to lodge a Franchisee Application with Pirtek Fluid Systems Pty Ltd. Buyer will be required to meet the financial obligations that the proposed transferee would have under the sale & purchase agreement; to meet Pirtek Fluid Systems Pty Ltd' requirements in relation to ability, experience, compatibility necessary to operate the Franchise Operation, or have the necessary skills or ability to pass to Pirtek Fluid Systems Pty Ltd' satisfaction the initial training program; AND the proposed transferee meeting the selection criteria of Pirtek Fluid Systems Pty Ltd.
Meaningful disclosures will be provided upon receipt of a completed and signed non disclosure agreement.
- Business Category: Industrial/Manufacturing
- Business Sub Category: Manufacturing/Engineering