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ACTUAL PROFITS FOR TWO WORKING OWNERS Engineering For Sale (sydney, New South Wales, Australia, United States) Asking Price:£503424

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ACTUAL PROFITS FOR TWO WORKING OWNERS Engineering For Sale


Revenue £1354563, Net Profit £211160, Established 20 years

Air Conditioning Services business for sale; 
 
For sale $860,000 plus SAV. (This business is priced to Sell) 
Location: Northern beaches - Servicing Sydney WIDE 
 
2013 Turnover $2.314ML 
Net Profit $360,726 
 
2013 ACTUAL PROFITS FOR TWO WORKING OWNERS $541,614 INCLUDING ADD BACKS. 
 
These figures are taken direct from The 2013 Financial statements. 
 
Very healthy consistent profits. In 2013 owners were more selective in the work engaged deciding to only concentrate on high margin work less new product sales where profits were traditionally lower. They kept a strong eye on expenditure.2013 uplift in residential work. 
Successful financial History with full financials available. 
2014YTD to end September 2013 sales of $1,382,589 ( BAS )Tracking well. 
Business for sale, the owners will collect debtors and payout the creditors. 
Over the last 20 years the business has been operated by Two working directors and a small team of admin and tech staff with installation work being outsourced. One owner chooses to work mostly from his Western Suburbs home while the other is based at the Northern beaches office. They each have strong relationships with customers and are conscious of the need to play a major role in the handing over period and work closely with the new buyer during this transition. 
Good customer spread. 
Very little bad debts as no work is done with builders or unknown clients. There are no public tenders for work,. 
Income is split between 45% for Service and 45% Installation with 10% Domestic and light commercial. 
All installations and large repairs are contracted. Technical staff are mostly involved in maintenance and small repairs. 
 
 
Please contact Peter Golding for more information and a confidentiality agreement 
By return email or my office on

Business Information

Number of Staff

10

Ownership

Yes

Any Expansion potential

Yes if needed

Reasons for selling

Any Inventory / Stock value

Yes

Is this a home-based business

Yes

Property

Yes

Telephone

Business Location details

Competition / Market

Business/Market

Trading hours

Yes

Any Support & training

Yes whenever

Any Furniture / Fixtures

Yes

Any Living Accommodation

Yes

Can this business be relocated?

Yes

Is this business part of a franchise?

Yes