TENNIS COURT BUILDER FENCING AND PAINTING

Posted by: Peter Iffland | June 12, 2024

$560,000

Description

Tennis Court Builder Fencing and Painting

- Northern Rivers NSW

Short Summary

This business is booked out until January 2025, with Zero marketing being done, and the seller has not tried to expand.

Key Selling Points

Established brand
Home based
Flexible hours
Low working capital requirements
Strong year to year Sales
High Profit Margins
No Direct Competition
Tier 1 Supplier
90% Repeat Work

Established over 30 years ago, this business is ready for a purchaser looking for growth potential. The seller was working for the previous owner and took over and purchased the business 2.5 years ago.

The business is ready to be taken to the next level, but the seller feels he is not well suited to take the business to the level it can go.
He has decided to move to Tasmania, to be closer to family, but will commit to a longer handover if necessary.

The business needs a buyer who has experience in the management of growing businesses, and who will be able to steer the business from a handful of guys doing quality work, to double or triple this amount of workers helping the business achieve a turnover closer to $5,000,000

The work is there, and this business can do it all, but just needs the right guidance. The seller is happy to stay on for up to 12 months to help hire and train so the new owner can focus on the management and growth, and is happy to consider a buy out or earn out scenario.

The seller is very negotiable on price, and is just looking for the right buyer who he can work with to make sure the clients are looked after, and the great name continues to be the leader in the area.

Contact Peter Iffland 0425 216 162 | Alex Cernoy 0459 424 777

Asking $560,000

Ref. no. BUY2407

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. 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Property Features

Real Estate Agent's

About
Bio
Recent Listings

Peter Iffland

Director/Business Broker

0425 216 162

Fluent English. Peter has brokered business deals since 2004 whilst passively managing an Import Wholesale business supplying to major retail chains including Harvey Norman, Furniture Court, Furniture One, Sleep Zone and Snooze. In 2018 Peter managed a Take-Away shop in Surfers Paradise and sold the business 12 months later for double his investment. Peter worked in corporate sales Sydney with Telstra including subsidiary companies RSL Com and Commander Systems, and for years remotely managed the family farm in Darwin NT before selling the business and freehold property to a Sydney Syndicate buyer in 2019. Peter is repeatedly told by Sellers and Buyers that he is tenacious at his job and constantly being poached to work for other companies! As a Director of Gold Coast Business Brokers, Peter is committed to making sure every business is sold and the best possible result is delivered to every client!

About
Bio
Recent Listings

Alex Cernoy

Business Sales Specialist

0459 424 777

Fluent English. Alex started as a business broker over 20 years ago. He has worked with major brokerages in South East Queensland during that time, as well as interstate. He has a corporate background in IT and Telecommunications (IT&T) having owned and managed various IT&T firms. Alex is very professional and experienced in all areas of business and looks after South-East Queensland including Brisbane and the Gold Coast. Alex has sold and consulted in mergers and acquisitions in excess $90 million which included major Lighting Distribution Businesses, Large Electrical contracting Businesses, and Major Tyre Businesses.

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TENNIS COURT BUILDER FENCING AND PAINTING

Description

Tennis Court Builder Fencing and Painting

- Northern Rivers NSW

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent's

Peter Iffland

Alex Cernoy

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