Plant Hire - Service -Transport

Business Code: TTQJ1079


Key Features: Selling well below equipment value

State: QLD

Suburb: Jindalee, 4074

Location: Situated in outer suburbs of Brisbane in South West area.

Description

Hire of cranes and services to the construction, steel, communication, housing and building development projects as well as supplying riggers, dogmen, boilermakers, truck hire and hire of man and brick cages. - The company has a large range of cranes, trucks, truck cranes and trailers that are available for general hire.

Summary

  • Features: New replacement of cranes and associated equipment would be in the vicinity of $6 million. - This business has an existing paying customer base.- Many different ranges of cranes and services

  • Potential: Business is run under management and is currently under performing. - Vendor says that a new owner could quickly increase the business by 40%. - Would suit adding to a fully operational business.

  • Premises: Business has an area of 5000 sq. mts. of secured hardstand, shed under construction and caretaker home and office

  • Trading Hours: 5 days - Mon. - Fri. - 7.00 a.m. - 3.00 p.m.

  • Lease: A new 3 years + 3 years lease is available.

  • Employees: 1 owner part time + 6 full timers + 8 casual part time call ins.

  • Comments: The business is not being sold on current figures. - The vendor has arrived at a current asset value for the cranes, semi trailers, trucks, flat top trailers, utes, equipment and Manager's vehicle in excess of $3.5 million with replacement value around $6 million. -

Weekly Summary

Rent

$1,200

Equipment (Included)

$3,500,000

Price

$2,350,000

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