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This business just keeps getting busier. Regular customers have booked in work until May/June this year. Sellers Discretionary Earnings for the last Financial Year (to 31 March 2017) $600,000 approx. For the 6 months to 30 September 2017, the increase is up to $460,000 approx., which indicates Sellers Earnings expectations in excess of $900,000 for the 2018 Financial Year.
A new owner could expect to have a strong managerial and sales role, although some engineering skills may be beneficial. This business is allied to the freight industry. Operating in an industry that is in continual growth mode, this business is primed to capitalize on the opportunities associated with this growth. There is a genuine reason for sale, with the vendor willing to provide substantial ongoing assistance to a new owner.
A New Year – A New Opportunity. To describe this business as superb seems to somehow understate it – but an opportunity it surely is.
Reference: EL01087
*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.
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