Business description
Cost price – $3,200,000 reduced $1.2m for reasonable sale due to illness.Includes land, plant & equipment amd current house stock. Land = 22.5 acres of holding land with unrestricted storage numbers.
DON'T MISS THIS!!
• Established for over 30 years.
• Owner looking to retire due to ill health
• No goodwill necessary.
• Experienced staff.
• Expansion into restumping waiting to happen
• Ideal for expansion purposes for existing industry participant
• 22.5 acres of storage area without restrictions.
• Stock valued at approximately $20,000 per house. With 70 houses currently in stock
• Plant and equipment value in excess of asking price.
• Owner has built a substantial personal worth portfolio with this business.
Contact – Dave Ginnane by clicking on the contact seller button below.
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- There is a house on the property available to be used immediately the business is settled. Obviously there is ample ability to expand on the current house and its land surrounds.
- Location:
- Located in a semi rural area about 45 minutes to 1 hour from Brisbane proper. It has good access and exit from the property which is more than necessary for the type of cartage it operates in.
- Premises details:
- The property has an area of 22.5 acres of unrestricted storage area. therefore there is ample room for a substantial number of houses in addition to the 70 odd that are currently held in stock. Under normal circumstances the local government councils restrict the holding capacities of house removalists properties to approximately 20 houses. the owner has advised that this property he currently owns does not hold such a restriciton.
- Size in square feet:
- 22 5 acres
Business Operation
- Expansion potential:
- There is room to expand the operations of the business to hold more stock and therefore sell more houses. In addition the owner suggests that there is quite a lot of room to move in the restumping of existing houses with the ability to earn good margins.
- Reasons for selling:
- The owner is looking to retire after a sudden illness.
- Trading hours:
- 5 day week.
- Years established:
- Over 30 years
Other information
- Furniture / Fixtures value:
- $1,900,000
- Inventory / Stock value:
- $2,100,000
- Home based:
- This business can be run from home.