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It is not very often that you come across a business with such incredible returns as this one.
This long-standing, family-focused services business has a combined turnover of $2.1m in 2020FY from two locations and shows a NET profit of just under $860k … That’s 40% of turnover and is after a general managers' salary!
Unaffected by the current COVID-19 restrictions this businesses turnover increased in 2020FY over and above that of 2019FY by 21%.
With a professional team in place, an extensive database of 80,000+ clients, and minimal overheads this niche services offering is an ideal investment for any business professional, lover of the arts, or established services company looking to expand its reach/offering through acquisitions.
If you are looking for a sustainable and easy to manage business, get in touch today.
Strong turnover and low overheads
2020FY turnover increased by 21%
Two locations, both with low rental expenses
Net profit of $857,917 being 40% of turnover
Not reliant on a handful of key clients, database of 80,000+
Niche family-focused services business not effected by economic disruptions
Cost of Goods $252,168
Wages incl Super $741,417
Net Profit (EBITDA) $857,916
*Figures are as at 30 June 2020FY
$76,490 incl Outgoings
$43,573 plus Outgoings
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