Business Summary

SUMMARY

This steel home and shed building business is one of the largest in tropical North Queensland (Cairns) with earnings to match. It is fully independent (non-franchised), long established and has an unblemished track record. They enjoy top rankings on Google, have a multi-million dollar turnover and impressive net profit. Operations are streamlined with exclusive staff for sales, project management and a site supervision. Opportunities exist for expansion. Building, trade or project management experience ideal.

KEY POINTS

$6m Turnover
Circa $1m net profit
$4m+ work on the books
Sizable Market share
Huge demand
High growth area
Award winner business
Excellent reputation & service
Operational excellence
Excellent IT systems
Fully staffed
Long Established
No advertising required
Fully independent
Top Google rankings
Preferred Supplier status
Exclusive Dealer
Significant Growth Opportunities

FULL DESCRIPTION

This multi award winning steel frame home and shed building business is one of the largest in tropical North Queensland with earnings to match. No advertising has been done for over 4 years, such is the strength and quality of its name and reputation (this is truly a rare and enviable situation). It is fully independent (non-franchised), long established and has an unblemished track record. This business enjoys top rankings in Google for all relevant search phrases, and also receives constant leads that flow in from the substantial social media following. With a $6m turnover last financial year, the business boasts an equally impressive net profit, making it a highly attractive purchase. Margins are also adjusted regularly commensurate with cost increases. Currently, there is over $4m work on the books so income moving forward is secure (and growing every day). They are also very streamlined with operations and staff making it perfect for takeover. They employ full time sales staff, a Project Manager and a Site Supervisor plus the owners working part time in the office. Although the majority of the building work is outsourced to sub contractors, they also employ some full time tradesmen due to the volume of work. All supplier accounts are setup and in place with good relationships and support across the board. In-house processes have been streamlined with excellent IT systems in place for estimating, ordering, selling, approvals, scheduling and project management (a full set of process documentation will be provided to the successful purchaser). The business is top preferred supplier for the local Regional Council. Furthermore, they supply large quantities of carports and shed kits to local councils, mines and communities throughout the far north. They are the exclusive dealer in north QLD for one of the leading home improvement suppliers in Australia (this agreement also provides yet another large source of fresh enquiries handled through the suppliers Brisbane head office). The above-mentioned supplier has a product range to rival Bunnings. This avenue of expansion remains untapped. The sellers feel this is an excellent time to transition the business ownership as they wish to pursue different, non related business ventures. That said, they will provide full support and training to the new owner (longer term if required). $10 million to $20 million in sales per annum over the next 5 years is achievable for any motivated owner using this established, proven base to leverage from. There are further opportunities within this business that remain untapped and will be revealed to the new owner. This alone provides potential for significant expansion. So, if you have building, trade or project management experience and would like to run a highly profitable, rewarding business in the tropics, please do not hesitate to enquire as this opportunity.

Property Details