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Granny Flats Construction Company – Sydney For Sale

Sydney, New South Wales, Australia
Asking Price:
$900,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Business ID: BS------RE Market After Covid Lockdown. T/O $4.87M p.a. Owners Income $580,000 p.a.

The business was started by the two present owners nine years ago when “Granny Flats” first became popular and as one of the first three firms specialising in this sector has built up an outstanding reputation for quality and service at a reasonable price. This has served the company well over the years ensuring referrals and good references from its satisfied customer base, on which a new owner can grow the business.
NOTE. Now that the Covid lock down is being lifted this business is being remarketed, as it closed for 8 weeks during the lock down. The google advertising has just been restarted and the 70 projects that were in the pipeline are being followed up. This is a good business and there were several enquiries which were interrupted due to the Covid lock down. The owners tell us the demand in the market is strong, so this is a good opportunity to acquire a secure and profitable business.

-Established 9 years
-Niche Market
-High Margins
-History of Profits
-Excellent Reputation
-Good growth Potential
-Simple to Management
-5 day week

Depending on the experience of the buyer the owners will provide a training period on their systems and process; in addition one of the experiences employee who has a builders licence wishes to remain with the business.

This is the next step for a small developer or tradie in the construction industry to grow their business, alternative as there is an employee with a builders licence there is an opportunity for an investor entrepreneur to acquire and expand the business.

Asking Price: $900,000 for the assets and goodwill. Stock is not included and will be valued at cost as at settlement date; it is estimated at approximately $20,000

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