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$2,590,000 HIGHLY PROFITABLE, HUGE WIP, INDUSTRIAL PAINTING

For Sale: $2,590,000






Business Overview


This well-established, highly profitable, Industrial Painting business, with a remarkable track record of over 30 years, is now available for sale as the owner enters a well-deserved retirement.


Recent new substantial contracts have fueled remarkable growth, paving the way for an even brighter future. With blue chip and loyal repeat clients, this business demonstrates continual revenue and net profit growth.


The numbers speak for themselves. Over the past three years, the business has achieved impressive revenue milestones:


  • $1,971,814 in FY21

  • $2,654,656 in FY22

  • $3,359,615 in FY23


You can step into this thriving business with everything you need to hit the ground running. This business would also make an excellent addition to similar businesses looking to grow via acquisition.


Don't miss out on this chance to acquire a well-established Industrial Painting business with a solid foundation, significant working pipeline, and substantial growth opportunities for the coming years.


Key Features


  • Highly Profitable

  • Significant working pipeline

  • New substantial contract

  • Limited Competition

  • Established trading history of 30+ years

  • Generous salary ($180k) included for working owner in addition to EBITDA


Financial Summary


  • Revenue FY23: $3.359M

  • EBITDA FY23: $800K+

  • Revenue FY24 (Annualised): $3.229M

  • EBITDA FY24 (Annualised): $900K+


 

Buying a business is easy with Vision


"We understand that as every business is different, so is every buyer. Ask your broker about the information the Vendor will make available as part of due diligence so you know what to expect at the beginning of the process."



Darren Ferris

Business Sales & Acquisitions

m: 0499 150 043

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 in this business.

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