Listing status: Inactive
Reason: --
Road Transport, Cranes and Rigging Company for a Quick Sale - Brisbane
Road Transport, Cranes and Rigging Company for a Quick Sale - Brisbane
Industry :
AutomotiveSub Industry :
TruckFamily owned and operated company who are specialists in transport and heavy haulage solutions.
Established for over 40 years the company has serviced Australia from their Brisbane based headquarters. This company has become the go to in providing specialised services in transport, storage and relocation projects.
Their specialist areas of expertise include heavy haulage (particularly over dimensional loads), machinery moves, factory relocations, Mobile cranes and heavy lifting packing and unpacking
containers storage.
The crane and rigging side of the business has a diversified truck fleet of body trucks, semi-trailers, drop-deck semis, drop-deck float semi-trailers, extendable semi-trailers and B Double semi-trailers. All mounted with self-loading cranes with lifting capacities from 1.5 tonne up to 7.5 tonne.
The business also has added capability through their Franna Cranes of 20 and 25 tonne capacity. All come with skates, jacks, lifting bars and spreader bars from 1.2m to 6m with full lifting capacity up to 30 tonne. Not to be outdone by their range of forklifts (2.5t – 10t) that will suit most applications. All available with extension slippers, jibs and a man cage.
* F.Y. 21 Circa Revenue $5.3m;
* F.Y. 21 Circa Adjusted Net Earnings $1.27m;
* Plant & Equipment Circa $4m;
* Large 12,000 SQM depot;
* Truck fleet under 5 years;
* Long standing clients; and
* Owner looking to sell with a view to retirement.
Price: $5.9 million
* Images used are for illustration purposes only
Don’t miss out, contact Tom today for more information on 0403 720 965 or email tom.jolly@thefinngroup.com.au
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$5,900,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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