Kalgoorlie Blue Collar Service Business

Service
| Owner Operator
| Regional
GMO Ref# 6923

PRICE

1,500,000 + NTA

NET PROFIT

830,000

Stan Smith

Contact Stan Smith for more information on this business opportunity

Total Selling Price: $1,500,000 Plus (+) NTA

The proposed sale is by the way of a Unit Trust sale. The Unit Trust will be sold on a debt-free, cash-free basis with a sufficient balance of working capital.

  • Approx. 10 Employees
  • Business established 40+ years
  • Extremely desirable location & Street View within Kalgoorlie
  • Immediate growth levers to pull
  • B2B & B2C
  • Blue collar Workshop Business
  • Growing year on year consistently
  • Gross Profit Climbing from 41% – 46% over the past 3 years
  • 3 Year AVG EBITDA $660,000, FY24 $830,000

Kalgoorlie-Boulder is not only a great place to do business – it’s a great place to live as well. With its relaxed atmosphere, stunning scenery and deep sense of community, the City offers an enviable quality of life for all.

Attractive Lifestyle

  • Easy commute with no traffic congestion
  • Median weekly household income $642 higher than national average
  • Cost of living comparable or lower than Perth, Melbourne and Sydney
  • 50% of the population are long-term residents

Broker |

Stan Smith is a results driven and motivated business analyst here at GMO and a graduate from Curtin University with a Bachelor’s Degree in Commerce with a focus on Marketing, Management and Finance. Stan is qualified as a real estate and business agent representative via REIWA.Stan is a prominent asset to GMO and works within the Mergers, Acquisition, and SME valuation team. Stan has intelligent financial understanding and consistently showcases clever analytical talents by being able to identify logical strategic growth opportunities within various industries.All time favourite quote “You are what you do, not what you say”.

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CONFIDENTIALITY DISCLOSURE AGREEMENT

  • The disclosers are willing to disclose such information to the recipient subject to their acceptance of the following conditions:
    1. The recipient shall treat all information received from the discloser as confidential and shall ensure that all such information remains confidential and shall not use any such information in any way other than for the specific purpose aforesaid. The recipient acknowledges that all conditions subsequent in this disclosure apply to the recipient and any associates of the recipient be they partners, co‐directors, trustees, holders of shares or officersin entity(s) the recipient has interest in.
    2. The obligations of paragraph 1 shall not extend to any such information which is in the public domain, or which hereafter becomes part of the public domain otherwise than as a result of any unauthorised activity or omission of the recipient, or which is already in the possession of the recipient and was not derived from the disclosers.
    3. The recipient shall return all such information received other than that which is submitted orally at the termination of such negotiations entered into as a result of this agreement.
    4. The obligations set forth in paragraph 1, 2 and 3 shall terminate 12 months from the date of this agreement or upon the disclosers and the recipients entering into an agreement whichever event occursfirst.
    5. The recipient shall obtain no rights of any kind to such information other than for the specific purpose stated in this agreement.
    6. The receiving party will not utilise any material made available to improve, construct or change another business, in such a way as to allow that business to compete with the business being discussed.
    7. The recipient understands that the information has been compiled by GMO from details provided by the Vendor. Prospective purchasers should be aware that it is not intended that any projections or this information be treated as a representation, warranty or promise by GMO or its representatives, as to the correctness of the information, or that all relevant information is contained in the information provided.
    8. The recipient acknowledges that they will not act on information provided without first seeking independent financial and legal advice.
    9. The recipient hereby agrees to declare any beneficial interest in any business that could currently be interpreted as being in competition with the subject business.
    10. The recipient agrees to return all documents supplied within 50 days of receipt (and any copies) should they decide not to proceed. The recipient further agrees to destroy any electronic information supplied by the Seller or GMO and to instruct their professional advisors to also destroy any information passed on by the Seller, the recipient or from GMO.
    11. The recipient acknowledges they are precluded from physically visiting the premises of the business or talking to any client, supplier or employee of the business without the permission of the discloser.
    The recipient/s hereby accepts the above conditions as binding on them in respect of the information referred to.
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