• Located in Greater Brisbane
• FY23 Revenue $2.5m
• FY23 PEBITDA $503k
• FY23 Stock $287k
• Very small amount of aged stock
• Ability to finance part of purchase against value of P&E and stock via trade finance
• Strong customer relations with loyal clients
• Outstanding returns to either a working owner or an investor
Potential
• New product lines coming on stream
• Weather conditions forecast an increase in demand for tools and mowers
• Increased use of tools requires more frequent servicing
• Well recognised mechanical service offereing ensures ongoing relationships with customers
• Well leveraged to Greater Business economic growth and population boom
• Ability to finance part of purchase value of P&E and stock (via trade finance)
Appeals to either an owner-operator or an investor seeking an easy business to run under management.
Currently, the business is operated by the husband-and-wife team with assistance from full time and part time staff.
Staff are long standing and experienced.
Reason for Sale – Owners want to retire
