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It is not very often that you come across a business with such incredible returns like this one.
This long standing, family-focused services business has a combined turnover of $1.8m in 2019FY from two locations and shows a Net profit of around $835k … That’s 47% of turnover and is after a General Managers salary!
Unaffected by the current COVID-19 restrictions this businesses turnover is projected to finish 2020FY over and above that of 2019FY by 28%.
With a professional team in place, extensive database of 80,000+ clients and minimal overheads; this niche services offering is an ideal investment for any business professional, lover of the arts or established services company looking to expand its reach/offering through acquisitions.
If you are looking for a sustainable and easy to manage business, get in touch today.
Strong turnover and low overheads
2020FY Projected turnover to increase by 28%
Two locations, both with low rental expenses
Net profit of $835,294 being 47% of turnover
Not reliant on a handful of key clients, database of 80,000+
Niche family-focused services business not affected by economic disruptions
Cost of Goods $201,117
Wages incl Super $463,634
Net Profit (EBITDA) $835,294
$76,490 incl Outgoings
$43,573 plus Outgoings
For further details contact Daniel Kogan.
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