Queensland based services business with local and state govt contracts
For Sale | $7,000,000
Further detailed information on this business is strictly confidential will only be provided to qualified individuals after completing our confidentiality agreement.
Key Points :
The company's gross revenue is expected to comfortably exceed $12 million for the 2020 Financial Year.
The normalised EBITDA for the 2020 Financial Year will exceed $1.35 million.
The company holds major service contracts with local and state govt departments
The company has virtually no balance sheet debt, except for circa $120,000 in vehicle finance.
The company's net balance sheet value will exceed $4.5 million at settlement.
The company's cash and cash equivalents currently exceed $1.65 million.
Plant and equipment has a current fair market value of $2.583 million.
Current good-will has been conservatively appraised at $2.7 million.
A 100% shareholding in the company is available for purchase for $7,000,000.
Interested parties are invited to complete our confidentiality agreement using this link https://forms.gle/sjzrptWy3erEqfm77