For Sale: $1.8M
It is not very often that you come across a business with such incredible returns as this one.
This long-standing, family-focused services business has a combined turnover of $1.8m in 2019FY from two locations and shows a NET profit of around $835k … That’s 47% of turnover and is after a General Managers' salary!
Unaffected by the current Covid-19 restrictions this businesses turnover is projected to finish 2020FY over and above that of 2019FY by 28%.
With a professional team in place, an extensive database of 80,000+ clients and minimal overheads this niche services offering is an ideal investment for any business professional, lover of the arts, or established services company looking to expand its reach/offering through acquisitions.
Cost of Goods $201,117
Wages incl Super $463,634
Net Profit (EBITDA) $835,294
Strong turnover and low overheads
2020FY Projected turnover to increase by 28%
Two locations, both with low rental expenses
Net profit of $835,294 being 47% of turnover
Not reliant on a handful of key clients, database of 80,000+
Niche family-focused services business not effected by economic disruptions
$76, 490 incl Outgoings
$43,573 plus Outgoings
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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