Business Overview
| Active Listing ID - 511
|
| Header: |
Long Established Managed Business with Good Bottom Line |
| Industry Category: |
Transport/Distribution |
| Business Type: |
Furniture Removals |
| State: |
QLD |
| Location: |
Sunshine Coast |
| Business Description Summary: |
Established in 1981, this company is a successful furniture removal and storage company based on the Sunshine Coast, operating locally and interstate. The business has a reputation of excellence in the market place and is a fully accredited member of the Australian Furniture Movers Association. The sucess of this business has been based on building a very reliable and stable team, with an instilled work ethic of trust, integrity and pride which has consistently provided outstanding service which regularly exceeds their customers expectations. Business $1.2m, Freehold $1.3m |
| Date Established: |
1981 |
| Date Current Owner: |
1981 |
| FINANCIALS |
| Asking Price : |
$1,200,000
|
| Annual Turnover : |
$1,831,548 |
| Gross Profit : |
$703,314 |
| Adjusted EBITDA: |
$407,253 |
| STAFF |
| Staff: |
| 6 |
Full-time |
| 9 |
Part-time |
| 2 |
Casual |
|
| PREMISES |
| Premises: |
Owned |
| MARKET REPORT |
| Operations: |
Both the Storage Centre and Removals sides of the business work in conjunction, complementing and generating business for each other. Located on nearly half an acre of company owned property plus a large leased compound opposite which contains an additional 48 storage sheds (plus 28 in main area). |
| Market / Customer: |
Interstate removals account for 47% of turnover and 67% of removal income with more than 51% being repeat business from previously satisfied customers. Local removals and Storage income make up the remainder. Internet enquiries are becoming an increasingly important and growing area of this business. |
| Products / Services: |
Interstate removals, local and intrastate removals and on site, local storage |
| Premises: |
Company owned, freehold premises plus leased storage facilities located conveniently close to a main arterial road in a light industrial area on the Sunshine Coast in Queensland, Australia |
| Equipment / Fittings: |
Two prime movers and trailers, 7 Cab-chassis/pantec trucks and a delivery van. 28 owned mini sheds, 48 leased mini sheds plus main admin buildings.
Additional plant and equipment list available on request |
| Management / Staff: |
A staff of around 17 people are employed both full and part time, about half for removals and half for the storage division. Of the two owners, one takes only a part time involvement in managing the business and the other is not involved. This business can be purchased as a fully managed entity if required with one owner prepared to remain part time or on a consultancy basis if required. |
| PLEASE CONTACT: |
| Name: |
Sid Stevens |
| Phone: |
1300 667 462 |
| Mobile: |
0418 171 535 |
| Email: |
sid@eldersbusiness.com.au |
| |
| |
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| PHOTOS |
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