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This central city engineering shop has the market to itself as the only medium to heavy engineering business in the central city. The business is known for the quality of their work and for the range of work they can handle. Their client list includes the film industry, local council, infrastructure companies, building managers, local builders and their order book is currently full for the next three months.
Staff have been with the business for up to 10 years and wouldn’t want to work anywhere else because of their great team environment.
The Central City location is this businesses greatest asset and the Vendor is offering the building for sale with the business. The building has a Rateable Value of $1,075,000.
What a great opportunity to build TWO assets!!
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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