For Sale $1,700,000
Business Brokers Qld

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Business Brokers Queensland
8/130 Kingston Road,
UNDERWOOD, QLD 4119

Services for sale

QLD

For Sale $1,700,000

Business Details

Commercial Equipment Hire Business for Sale

This is a high quality specialist equipment hire business with a diversified client base of long-term, repeat customers in Telecommunications, Infrastructure, Construction and Mining.

- 2016 Proprietors Earnings $646,149 before equipment lease repayments or $142,290 after lease repayments
- 2017 showing strong growth in profitability as a result of fleet optimisation and increased customer demand.
- Business utilises over $1.4M Equipment with flexibility to pick and choose which assets you want. Remaining assets will be disposed of by the Seller.
- Exceptional systemisation and automation of bookings and asset management
- Operations managed by one full time owner and one full time employee.

This business is recognised as a leader in safety and has a small high quality team supported by exceptional software and systems with integration of front end (website booking systems etc) and back end (equipment maintenance and operational management).

They have developed a diversified client base with strong repeat business as a direct result of the owners strong understanding of client requirements and high standards for the supply of equipment and accessories beyond the generic services of their competitors.

After expanding rapidly to peak in 2014, the owners have now consolidated the asset pool to a strong portfolio of around $1.4M of equipment at over 85% utilisation. Sellers will consider offers for part or all of the equipment pool and dispose of any unwanted assets.

Fair Market Value for the Assets
Plus $300,000 for Goodwill

Note - images are provided for display purposes only and may not accurately reflect the business advertised for sale.

Contact Business Brokers Queensland on 1300 699 480 for further information on this business or to register for regular email updates on new businesses go to our website at www.businessbrokersqld.com.au.

Summary »

  • Business Category: Services
  • Business Sub Category: Hire/Rent
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Business Brokers Queensland
8/130 Kingston Road,
UNDERWOOD, QLD 4119

Phone: 1300 699 480

Business Brokers Qld
Phone: 07 3297 8700

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