SOLD
Business Overview
This is a small yet robust business that is performing incredibly well during the COVID-19 crisis. The business is on track to outperform the prior year, and they have just had the busiest month on record compared to the years prior.
Established in the last 5 years, the business now operates with a GM, and 8-10 part-time staff. The owner works part-time and is on location typically 2 days per week with the 3rd day spent in admin.
The business has developed and implemented strict work standards and conduct. The entire client experience from quoting through to completion is second to none which explains the high level of recurring customers.
Driving the exemplary results is a system and process developed by the owner that ensures accountability and standards are constantly optimised and maintained.
Whilst the business is relatively young, there is indeed a bright future ahead and the business is just scratching the surface of new revenue streams.
Growth has occurred organically, through word of mouth and referrals. Some strategic relationships have been formed with builders and the business is starting to enjoy new pools of enquiries from a new market segment.
Features
Simple to operate with strong team structure and culture
Owner works 2 days on-site and 1 in admin
High GP of 77% (2019 FY)
EBITDA (adjusted & after management wage) of 26%
Includes 2 x branded M/V's
Owner willing to transition
Financial Summary
Revenue: $702,092
Cost of Goods: $158,539
Gross Profit: $543,553
Expenses (Adjusted): $360,465
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EBITDA: $183,902
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Dan Levitus
(m) 0450 326 146
(t) (02) 8923 2632
The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business