They provide both types of scaffolding (steel & aluminium) services, including delivery, erection, hire, dismantling and collection of scaffolding throughout the greater Sydney metropolitan area with a stock of over 1100 tonnes.
Ideally situated in Inner West Marrickville in a warehouse with 2 years' lease left, it has no genuine opposition in the inner Sydney area to take advantage of construction sites in inner Sydney and surrounding areas.
Clients include a healthy cross section of the community, including tier 1, 2 & 3 construction companies, remedial builders, general market builders and general homeowner/builders, with the majority of works being in the eastern half of Sydney, providing a better market and rate of return. All in all, the company services any client and has a substantial client database and long-term return account clients.
Whilst this business already has an excellent net profit, if wished, an injection of funds could see the business realistically achieve an annual net profit of $1 million. It also has the potential to grow a general hire branch if wanted as an add-on.
Based on its name, it immediately sits at the forefront of online searching when anyone types in “Sydney” and “scaffold” together.
The vendor is selling as he would like to retire and believes the business has tremendous upside and growth and consistently turns away work that could be taken on if he wanted to grow further.
Leasehold Sale: $1,500,000 WIWO
