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Building Drafting Business-Corporate & Private Builder Client Base- Great Profit

$599,950.00 Building & Construction / Sold
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Established, successful, building & construction drafting business. Servicing residential builders large and small. Fully staffed, could be bolt on or owner operator buy. SEQ major centre office 77m2

Revenue

$722,986 pa

Rent

$21,000 pa

Location Details

Brisbane , Gold Coast , Ipswich, Norther NSW

Potential

Opportunity exists in the existing market residential housing market as the location is perfectly placed to maximise the business share of some of Qld's biggest residential growth zones in the SE corner.
Additionally the business has a focus on residential and could easily expand into commercial, industrial and high rise.

Skills

The staff are all highly skilled and this could be an opportunity for an entrepreneur or skilled business manager. The growth has been mainly through organic and referal and a focused owner in growth and business structure could take the business to a new level again.

An obvious fit is an existing drafts person or architec with knowledge of the industry.

Hours

Mon - Fri (8:30am - 5 pm)

Lease

Up till 30/09/2020 (+ 1 year option) Bond = 2mths

Employees

9

Reason for Sale

Owner seeking a new challenge

About the Business

Focused on the residential building industry the business has carved out a loyal client base that is well serviced by the highly skilled staff allocated each account. Recent restructuring should increase profits beyond ¼ $million each year.

Just maintaining the current client lists should see turnover beyond $700,000 each year while the new leaner structure makes it an attractive purchase for either a corporate merger or a new acquisition by a savvy entrepreneur.

Staff have a mixture of design program expertise ensuring any builder / client requirements can be met in design. To facilitate this the business has, 2 Revit Licences, 4 ArchiCad (owned outright), 6 AutoCad Licences offering capability to handle all usual design needs.

Equipment is all unencumbered with computers having Nitro PDF creator and full Microsoft Office suite.

Will suit either an individual /couple looking for a superb drafting business in one of the SEQ’s most sought after living destinations or a corporate merger to take advantage of a local office in what is considered one of Australia’s fastest growing residential areas.

Office lease is a current 2 year lease with a further 1 year option able to take the lease out to 30/09/2021.

Growth opportunities are numerous:

• Natural growth with expected industry growth as residential expansion continues within the South Ease Queensland area.
• Diversification through more commercial, high rise or civil drafting divisions being added.
• More aggressive marketing and sales activity to procure a bigger share of the existing residential drafting work available. (Engage a dedicated customer relations manager / sales person)

Strong and highly profitable businesses like this are highly sought after. Return On Investment (ROI) could be as high as 40+% given the recent restructure and loyal customer base. Be quick!

Key Points

• Suit merger/ acquisition, investor or independent owner operator
• Fantastic reputation and Loyal client base with minimal churn
• Central office in key SEQ location
• Recent restructure could deliver profit circa $250,000
• Fantastic reputation and loyal customer base
• Turnover circa $700,000

History

Built over the last 6 years through great service and quality of finsihed products. Growing to accomodate increasing demand and maintaining turnover even through the recent slow down of the housing market.


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Member since 27/11/2019

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Listing Details

  • Asking Price
  • $599,950.00
  • Price Comments
  • Expressions of Interest (EOI)
  • Status
  • Sold
  • Business Type
  • Building & Construction