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For Sale
Reference Number: business5261
2 weeks ago
276 Views

Profitable Scaffolding Hire – Asset Value

Industrial/Manufacturing
Western Australia
Perth - Greater
$395,000 WIWO

Are you looking to start your own business but don’t know where to start? Why not buy a business with a current market and profitability but less than the cost of replacement value…?

This scaffolding business has been in operation in one form or another for approximately 20 years. With the current owner looking to retire it now presents as a fantastic opportunity to buy an established business with growth potential.

Business Snapshot:

Revenue: 366,046
Profit: $248,735
ROI: 60% p/a
Earning Type: EBITDA
Earning Type Value: 248735
Strong Profits: Profit to a full-time owner operator for 2023 of $248,735

The Key Details:

High Demand for Serviced: The business, being tied to the construction industry is experiencing strong demand for their services with average hire occupancy operating more than 70%
Steady recurring hire incomes: Due to the nature of the business, the income from weekly and daily rate of hire provides a consistent and profitable cash flow to the owner
Owner works approx. 20 hours per week: The current owner has a sub-contractor that installs most of the scaffold meaning he is currently operating the business as a passive operation and income stream
Asset Value Only: The value of the assets (including a motor vehicle) is estimated to around $400k with an original purchase price well in excess of $1.1m
Proprietary Management System: The owner has developed his own proprietary quoting system which enables the job to be quoted on a desktop basis with ease.

Summary

What's Included in the Sale:

• Established brand and a strong reputation
• An extensive list of Scaffolding and accessories, including a Motor Vehicle.
• All IP, existing contacts and partnerships with suppliers and clients

Reason for Sale: After years in the industry the owner has reached retirement age.

Growth Potential: The business is showing a strong financial uptrend which provides a strong base to expand into other areas of hire.
If you are considering entering the high demand scaffolding and hire market, then this business at asset price only presents an excellent opportunity to invest.

Confidentiality:
All inquiries and discussions will be treated with the utmost confidentiality.

FOR SALE: $395,000 WIWO

Contact the exclusive broker:

Reece O'Sullivan
Benchmark Business Sales & Valuations
M: 0419 198 584
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5161 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations

Profitable Scaffolding Hire – Asset Value

Industrial/Manufacturing
Western Australia
Perth - Greater
$395,000 WIWO

Contact Business Broker

Client Testimonials

Melanie made the whole buying process straight forward

Melanie made the whole buying process straight forward and was so calming and approachable. . She was always available to answer my questions and extremely helpful. I highly recommend Melanie. – Gabbi Every (5 Star Google Review)

Melanie Cordony
0417 212 686

Highly recommend Mel

Mel has been fantastic guiding me through the whole process of the sale from start to finish! Would highly recommend her. – 5 Star Google Review

Melanie Cordony
0417 212 686

Clearly explains and patient

Mel was lovely, patient and did all the work and explained everything so I understood it. Very happy. – 5 Star Google Review

Melanie Cordony
0417 212 686

Never missed a detail – Google Review

I can not thank you Glenn Irving and his team at Benchmark enough,they treated me with respect always and never missed a detail ,there were many.I would highly recommended them to handle your business sale .Brilliant. – Chetan

Glenn Irving
0402 754 641

Glenn worked tirelessly to achieve a great sales outcome – Google Review

Glenn Irving from Benchmark Business Brokers worked tirelessly to achieve a great sales outcome for us. Glenn achieved our asking price and made the process as hassle free as possible in what was, at times, a complicated sale. Thanks Glenn – Scott

Glenn Irving
0402 754 641

special thanks to Ian Haggerty for his unwavering involvement

I would just like to say a very big thank you to Benchmark Corporate, but a special thanks to Ian Haggerty for his unwavering involvement, during our recent and very successful sale of my company to a National equipment hire company. The whole process from start to finish was very professional and cordial. Liaising with all stakeholders, […]

Ian Haggerty
0406 661 346

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