Profitable Long Established Transport Business – VIC |ID:824

Price: $2,900,000 Location: Greater Bendigo Region, VIC Ref: 5084436
Bruce Irvine
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Business Headline :
Profitable Long Established Transport Business – VIC |ID:824
Price :
Category :
Transport/Distribution, Services, Road, Truck, Car/Bus/Truck
Full Description :

This long established transport company, based in country Victoria, commenced operations in 1979.

The owner has grown the business over the years and now looks to a well deserved retirement.

A reputation for solid, reliable service has seen the business secure several contracts with Blue Chip companies. Contracted activity accounts for approximately 75% of turnover.  

Operating from a large industrial premises, with ample parking space and a 1,400m warehouse on site, the business has great capacity to expand.

Features include:

  • Established contract base
  • Included in sale are 21 vehicles and a forklift, valued at $1.2m
  • 3 operational bases/depots
  • New 5 plus 5 lease on offer, or relocate if premises not required
  • Owner will stay on for 3 months to facilitate handover

Business could benefit from investment in marketing and a sales rep.

Consitent, profitable performance over the years.

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Annual Rent : $75,000 - Weekly Rent : $1,442

Annual Turnover : $2,489,109 - Weekly Turnover : $47,867

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : $489,000 - Weekly Ebit : $9,404

Premise : Leased

Total Floor Area : 1400 Square Metres

Franchise : No

Year Established : 1979

Days Trading : 5.5

Staff : 10 Full Time - 3 Part Time - 3 Casual

Staff Salaries : $816,545

Reason for Sale : Retirement

Location : Industrial Complex, Country Victoria

Business Potential : Sales Rep, Tender for more contracts

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