Highrise Building Maintenance

Based on the Sunshine Coast, this business specializes in painting, waterproofing and maintenance of high rise buildings utilizing rope access methods. The business has a 22 year long trading history with consistent high profits and a skilled workforce in place.

The current, and original, owners are a husband and wife team who manage the operations and administration aspects. A team of long-term trade qualified painters and waterproofers, all with IRATA qualifications, are employed to do handle all trade related roles in the business.

Prospective buyers will not need to work on the tools but ideally have a good understanding of a contracting type business. Trade qualified nominees are employed and willing to stay on ensuring an easy transition with the QBCC.

Over the past two decades, the business has provided building maintenance services throughout Queensland, with the bulk of the work at their home base on the Sunshine Coast.

Business Summary:

• Very consistent revenue between $1.5m-$1.7m pa over the last 5 years.
• Return to the 2 working owners for last 3 years circa $370k pa.
• Long term trade qualified and IRATA certified staff in place.
• Approximately $500k current work in progress.
• Includes approx. $200K maintenance contracts from already completed jobs providing steady cashflow
• Customer base predominantly Body Corporates.
• Documented systems in place for quoting, quality control, job scheduling and Work Place Health and Safety.
• Current lease $39,000pa with option to purchase freehold premises.
• Reason for sale – Owner Retiring.

With a total return to the working owners of approximately $370k pa, this business offers an exceptional return on investment at the current asking price of $500,000. There are not many businesses on the market where you can get your initial investment back in just over a year.

For more information on this business please contact the marketing agent, Paul Price on 0477 971716 or paul@proactivebusinesssales.com.au