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Recession Proof Plumbing Business In Central Queensland For Sale

Central Queensland, Queensland, Australia
Asking Price:
$500K - $1M (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
Available on request

Well established business that has been operating since 2013. The existing contracts are all long-term government contracts. All contracted works are mandatory scheduled plumbing maintenance works and are not affected by down turns in the market or the economy. Our clients include: Education Queensland, Queensland Police and Queensland Housing Commission

The plumbing services that we perform for our clients include, the mandatory servicing of water and sewerage treatment plants, oil separator systems, backflow prevention devices, pumps, eye washes, safety showers and thermostatic mixing valves.
The business holds long term government contracts for all current works it performs. For the last 10 years it has won every tender that has been applied for.
The business comes with a long term employee and all of the systems and processes needed to continue to successfully perform the work required as well as a detailed history of all previous tenders submitted.
There is a significant level of scope to diversify the business to general plumbing to compliment the government work.
The current manager and secretary (husband and wife team) are willing to continue working for the business during a transitional and training period if required.

PRICE Offers over $779,000 plus stock and vehicles.

Property Information

Location:

Central Queensland

Business Operation

Expansion Potential:

Significant - Quoting for more Government Business now, and scope to move into Domestic/Commercial Plumbing to complement Government Business

Competition / Market:

Limited competition - Long Term Government Contracts

Reasons for selling:

Business Manager and Admin are looking to retire.

Trading hours:

Mon - Fri - Excludes School Holidays

Employees:
3
Years established:
10

Other Information

Support & training:

Current Plumber is staying with business.
Business Manager/Plumber and Admin Support will assist with handover

Inventory / Stock value:
$35,000 (AUD)
Home based:
This business can be run from home.