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Experienced Government Supplier, Canberra

$990,000

Established Government Supplier

A large customer base spaning across the Government and corporate sectors affords this business a highly profitable and dependable regular income. The current vendor is selling in order to raise a new family. Here are the key benefits to you as an incoming owner:

Market advantage – a robust reputation has been built up over thirty years in the business. Being the established provider will give you the edge over the competition.

Stable client base – a focus on government clients ensures you will benefit from a dependable regular income and your products and services will always be in demand.

Ease of operation – the current owner had no prior experience in this industry when they purchased and it can be the same for you.

Systems in place – you’ll benefit from a dedicated team of four staff members to help keep the business running smoothly.

Potential – there is opportunity to expand the Government and corporate client base while also developing the currently underserviced and lucrative small medium enterprise sector in Canberra.

In brief:

  • Average annual turnover beyond $3 million over past five years
  • Owner’s earnings above $323,000 in 2010
  • 300 square metre premises
  • Trades 9am – 5pm Monday to Friday

 Asking $990,000 plus SAV
Stock around $75,000

The vendor is committed to sell and the business has been priced competitively. Enquire today using the ‘enquire’ form on this webpage or alternatively enquire via email to sales@capitalcommercial.com.au

Our friendly sales team is on standby to provide a detailed business dossier containing financial and operational information for this business.

Email is the best avenue, but we are also contactable by telephone on 02 6253 4664.

Lead agent Ian Lampl
0413 969 408

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Agent Details

Capital Commercial Business Sales

P: 02 6253 4664
F: 02 6253 4665
E: sales@capitalcommercial.com.au

Suite E1, 1 Hall Street Lyneham ACT 2602
www.capitalcommercial.com.au

Capital Commercial Canberra Pty Ltd
Licensed Agent
View all sales listings for this agency

What do I need to purchase this property?

Initial Requirements (assuming sale price of $990,000)

Stamp duty $48,675
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $99,000
  Total initial payment:   $149,830

Monthly Repayments (assuming deposit of $99,000 and sale price of $990,000)2

Loan repayments on $891,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $5,898 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 18/1/11, last updated on 11/4/12, and has been viewed 4058 times. Please note the counter is not updated immediately.

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