08 8361 3074

Building Industry Service Provider

Sold

Business Description

This business has been around for 20 years & currently operates out of an office in the eastern suburbs. Its client base includes commercial builders, architects, strata corporations, schools, councils, real estate agents & the general public. 

The business is fully insured & holds a builder’s licence. The business is also a member of the Master Builders Association & all work is guaranteed.

At a Glance

  • Established over 20 years ago
  • Vast client base
  • Exceptional website
  • Currently run by an owner operator
  • Currently holds a builder's licence

Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $440,000
Stock at valuation (approx) $5,000
$445,000

Financial Summary

Year Sales Return to Owner Return on Owner's Investment
2017/2018 $1,157,704 $228,040 51.25%
2018/2019 $1,511,557 $282,258 63.43%
2019/2020 $1,241,746 $217,634 48.91%
2020/2021 $1,500,482 (annualised) $398,850 88.63%

Staff Summary

There are 2 full time employees in the business and a number of subcontractors whom are engaged to perform various tasks.

Lease Summary

Current Rent $1,500 per month + GST
Lease Term Monthly tenancy
Lease Commencement 2008