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Highly Profitable, Great Cashflow, Under Management

$695,000 + SAV

Toowoomba, Queensland

Highly Profitable, Great Cashflow, Under Management

This business is truly unique in its operation. They provide installation and fault diagnosis for security cameras, TV antennas, satellite dishes & data cabling across 3 different locations (Toowoomba, Rockhampton & Hervey Bay). The business also has an e-commerce division that sells TV antennas & Satellite dishes for caravans & mobile homes with an accompanying installation service.

All of this is achieved with just 2 qualified technicians, 2 trainees, an admin manager, and 2 contractors.

Overheads are extremely low:
- Rent: $6,240pa
- Wages: approx $180,000pa
- Contractors: approx $50,000pa
- Stock on hand: approx $30,000

Key Business Details:
- Established in 2010
- Purchased by current owner in 2017
- Running fully under management for over 2 years
- Long term staff in place (head technician 8yrs+ and admin manager 3yrs+)
- Net Profit FY2021 $317,080
- 3 year Average Net Profit approx $280,000
- More than 80% of work is for domestic customers with C.O.D. EFTPOS payments taken before the technician leaves site.

The only involvement that the current owner has in the business is high-level management and HR duties. The current owners' background was in the agricultural & transportation industries prior to purchasing the business in 2017 and he has never been involved in the day-to-day work carried out by the technicians. No technical industry knowledge is required from the owner, however, good remote high-level management/oversight skills are essential.

This business is an extremely streamlined operation. There is fixed pricing for the majority of services offered and most customers are able to be given a fixed price quote over the telephone when they initially inquire. This almost eliminates the need to do free onsite quotes which can be very time-consuming with no guarantee of securing the work.

The seller has a genuine motivation for selling. He has recently purchased a substantially larger business in the agricultural industry and is seeking to free up capital to invest in the new venture.

For more information about this opportunity please call the market agent, Paul Price on 0477 971 716 or email paul@proactivebusinesssales.com.au


NOTE: Photos are for illustration purposes only and are not of the actual business for sale.

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Last updated: 6th December 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Toowoomba
State
 Queensland
Price
$695,000 + SAV
Category
  • Communication
  • Computer/IT
  • Security

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Agency

Business Brokers Network

Business Brokers Network

Contact

Paul Price