Refrigeration and Food Equipment Service and Repairs Business - South Sydney

BS146141 Bs146141, Wollongong NSW 2500

$362,153

BusinessSize: n/a
Business ID: BS146141

Under management Profits $229k + Sale Price $362,153

The Servicing and repairs business covers all equipment found in a commercial kitchen including freezers, combi ovens, gas and electric cookers, dishwashers, ice machines, under counter fridges, pizza ovens, slushy machines, fryers, and more. They focus on preventative maintenance and asset management programs. The business covers geographical areas including the Illawarra, Southern Highlands, South Coast, and Southern Sydney.

-Turnover of $550,000+
-Profits of $229k + Sale Price $362k
-Continuity of Customer relationship
-The owner will help with the transition
-Significant growth opportunities
-B-B operation with almost no bad debt
-Great opportunity to "Bolt-on" to an existing synergistic business
-Currently showing a 63% ROI and 1.6 Year Recoup Period

This business is suitable for a synergistic business to purchase or for an owner to independently build the business. There are two service personnel on the road presently delivering the business and a third has recently been added to meet demand.

The owners are prepared to help with the transition to the new owner.

This is an ideal opportunity for an owner, with marketing and business skills, to run and build the business on a part-time basis.
To find out more about this impressive business enquire today.

Asking Price: $362,153 includes equipment, vehicles and goodwill

Property Code: 2203

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Key details

Property type:
Business

Other Details

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    Xcllusive Business Sale Balmain

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What's nearby

Wollongong Primary SchoolPrimary School
0.6km
Smith Hill High SchoolHigh School
1km
Illawarra Regional Hospital Wollongong CampusHospital
0.9km
Stockland Shellharbour Shopping CentreMajor Shopping Centre
16km
St Mary Star Of The Sea CollegeCollege
1km
Post OfficePost Office
0.6km

Property history

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SummaryMedian sales
Average Age
35 years
Population
20,446
Listing ID: 181104723. This listing has been viewed 16 times. It was first displayed on 01/11/2022 and last updated on 01/11/2022.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.