Industry:
Services
Business Address:
N/A, VIC, N/A, Australia
Click on pics to enlarge.
AD
ID:
B130700010
Asking
Price:
P.O.A
Rent:
Detail
business type:
Traffic Signal Business
Business
Ph:
After
hours ph:
Contact Details
Name:
Mr. Allan
Advertising
Nature:
Private Seller
Company
Name:
Phone:
0437 061 947
Mobile:
0437 061 947
Fax:
Email:
allanm@lmts.com.au
Website:
Suburb/State:
Frankston South / VIC
Postal Code:
3199
Country:
Australia
Comments:
Features
UNIQUE BUSINESS OPPORTUNITY
This business is a niche business of traffic signal installation and maintenance, servicing a major government client and local councils directly, also subcontracting to other main contractors who service the same clients.
As Pre-Qualification is required to service these clients, similar businesses are restricted in entering this market. Our competitors total seven (7) in the metropolitan area of Melbourne, our Pre-Qualification allows us to work anywhere in Victoria.
Our Company has been in business for twenty five (25) years, nine years under the current management. We maintain good cash flow due to our clients, we do not operate with any borrowings, our work in progress is continual. We maintain fully audited accounts utilising independent accountants, our annual turnover ranges between $5M to $7M, EBIT ranges between 5% and 9%.(Audited accounts are available to approved applicants).
Recent independent valuation by the independent accountants for the business was $2.5M including assets. Current owners are selling due to retirement. Opportunity exists to further expand business in this market by value adding other elements currently subcontracted.
A confidentiality agreement will be required to be executed prior to disclosure of information.
