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Crane, Engineering And Access Hire Business In Tumut For Sale

Tumut, New South Wales, Australia
Asking Price:
$3,850,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$2,425,000 (AUD)
Cash Flow:
Available on request

This dynamic mobile crane, engineering and access hire business has been established for over 30 years servicing the Tumut and surrounding areas.

Stable and recurring revenue streams are continuing to grow with a broad spectrum of clients across numerous industries and the private sector.

Large list of well maintained, high quality plant and equipment, some of which will be appreciating in value.

Fully staffed with qualified and experienced tradespeople.

Annual turnover has increased by 170% in the past 7 years.

This business is being offered on a WIWO basis.

The current commercial property and workshop (approximately 4 acres) are also available as a separate purchase. The sale price of the commercial premises is $1,250,000. This property is currently returning over $100,000 per annum in rent (less running costs). Also available is a residential property of approximately 14 acres with amazing, elevated scenic views. This property is being offered as a fully furnished home. The sale price of the residential property is $1,250,000. This property also has an additional cottage returning $13,000 per annum (less running costs) and could be increased to return $20,000 per annum (less running costs). The residential property is listed on real estate dot com.

The TRIFECTA of the business, commercial and residential properties are available as a package deal of $6,250,000.

PLEASE NOTE THAT THE PURCHASE PRICE INCLUDES ALL PLANT AND EQUIPMENT INCLUDING 8 CRANES.

For more information, please contact me by using the form attached.

Property Information

Living Accommodation:

Two bedroom, one bathroom cottage is currently tenanted on a week to week basis.

Location:

Industrial estate

Premises Details:

Large depot/workshop premises with offices, steel and colourbond workshop. Entire work area is surrounded by security fencing. Also included within the premises is a two bedroom cottage.

Size in square feet:
174,000

Business Operation

Expansion Potential:

We are the closest crane company to the Snowy 2.0 project.

Competition / Market:

The closest crane company to Tumut is situated over 100 kilometres away.

Reasons for selling:

Family commitments

Trading hours:

24/7 operation

Employees:
20
Years established:
30 years

Other Information

Support & training:

The current owners would be happy to remain employed by the business in a lesser role.

Furniture / Fixtures value:
$50,000 (AUD) - included in the asking price
Website:
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Relocatable:
This business can be relocated.

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