This well-established freight cartage business, with 25 years of experience, offers an exceptional opportunity for an owner-operator seeking a lifestyle change in the country or for a larger group from Sydney, Melbourne, or Canberra looking to expand into the booming Riverina region. The business provides essential freight services across a wide variety of industries, transporting products such as truck parts, turf, fruits and vegetables, wine and alcohol, pet food, farm feed, and cleaning products.
Financial Highlights:
* FY2024 Revenue: Circa $1.52 million (a 39% increase year-over-year)
* FY2024 Net Profit: Circa $462,000 (a 7.9% increase year-over-year)
Recent Growth and Investments:
* Expanded Fleet: The business has added 3 new vans in the last 12 months to meet increasing demand.
* Cloud-Based Efficiency: With the implementation of Transvirtual, a cloud-based operational system, the business has enhanced efficiency and service quality, positioning it for continued success.
Key Features:
* Operational Flexibility: Operating on a month-to-month lease, offering flexibility with no long-term commitments.
* 5-Day Work Week: The business operates Monday to Friday, providing an excellent work-life balance.
* Loyal Client Base: Long-standing clients offer stable revenue and excellent opportunities for growth.
Strategic Opportunity:
* For larger groups, this business presents an ideal acquisition opportunity, enabling access to a solid client base in the Riverina and the potential to add value through long-haul services into major cities such as Sydney, Melbourne, and Canberra.
Why Now is the Perfect Time to Invest:
*The Riverina Region is experiencing a period of significant growth, with major investment pouring into local infrastructure and development. The Riverina Redevelopment Program alone is valued at over $1 billion, supporting Defence capabilities over the next 25 years through upgrades and new construction projects in Albury-Wodonga and Wagga Wagga. These include:
* New messing and living-in accommodation
* New training facilities
* Refurbishment and upgrades of existing buildings
* New car parks
* Infrastructure service upgrades
This ongoing investment will drive increased economic activity, making it a prime time to enter the market and capitalize on the region’s growth.
Price: $690,000
* Images used are for illustration purposes only
For more details on this outstanding business opportunity, contact Tom Jolly on 0403 720 965 or email tom.jolly@thefinngroup.com.au
