Sold
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.
Tony Iasiello 0412 217 608
Goodwill including Plant & Equipment | $440,000 |
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Stock at valuation (approx) | $5,000 |
$445,000 |
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% |
Current Rent | $1,500 per month + GST |
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Lease Term | Monthly tenancy |
Lease Commencement | 2008 |