General Hire and Sales Company

0
(0)
6 247
$399,950
2045237
2 months ago

Reference ID: 2045237

Highlights

  •  Family run general hire & sale
  •  Located in the Picturesque Somerset Region
  •  The hire division side of the business grew from hiring out excess coo
  •  Progressing into full party equipment & building equipment hire

Overview

Family run General Hire and Sales Company Established 1997 Building and Party Hire, Equipment and Landscape supplies Truck Hire and Garden Needs/Pavers and Blocks Adjusted Net Profit/EBITDA $320

 

Revenue

$83,400 pm

 

Net Profit

$320,000 pa

 

Location Details

Located in the Picturesque Somerset Region. The Business is nestled As a centre of commercial life the town boasted several large hotels, sawmill, butter factory, saddler and assorted utility buildings that remain today in Esk.

 

Hours

Monday to Friday - 7:30am to 5:00pm

Saturday - 7:30am to 1:00pm

Sunday - Closed

 

Employees

2 x Working Owners 

1 x Full Time Store Manager

3 x Casual - Truck Drivers, Bob Cat and Excavator Operators.

 

Reason for Sale

The current owners have expressed their love for the business and even though they will miss it dearly, they have decided they are now at the point in their life where it is time to look into Semi – Retiring and having the Freedom to Travel. They are prepared to give an extended handover period, as they want the new owners to succeed and love the business and lifestyle as much as they have done.

About

First started operation in 1997, since that time the business has progressed from a small business manufacturing Ice Boxes, Cool Rooms and Portable Fridges. 

The hire division side of the business grew from hiring out excess cool rooms. The Business has continued to grow and acquire new and varied equipment to satisfy customer demand.

Progressing into full party equipment and building equipment hire business, with Landscaping supplies, hardware, water delivery, truck hire and gas supplies, as well as Ice manufacturing and distribution to local outlets. All being added as customer demand increases.

With a higher than average ageing population, the owners believe that utilising heavier machinery to do yard work and odd jobs is the next direction and more hardware and gardening products to suit which will continue to grow and diversify. 

For more information on this opportunity, please contact the undersigned:

Please Login to view more details.

Disclaimer:

Images used may be stock images and not representative of the listing. Any reference to earnings, EBIT or EBITDA, may include add backs relevant to the current owners. Investing in a business, private company, or fund carries a high level of risk. This information is not intended to provide tax, legal, or investment advice, nor is it a solicitation or offer to purchase or sell any securities or other financial instruments. We provide free tools and resources to assist users in performing due diligence and strongly encourage them to conduct their own independent due diligence prior to investing in a business, securities, or financial instruments. A purchaser must be willing to accept the loss of their investment and is encouraged to obtain additional information, opinions, financial projections, and legal or other investment advice prior to investing or purchasing.

Business Location Queensland, Australia

Please Login to view more details.

Please Login to view more details.

This website uses cookies to help us display personalised listing recommendations for you.