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[Offer Received Within 2.5 Months] Gold Coast Based Crane Hire Company, High Net Income #247

$859,000 WIWO Ref: 1024026

The Value Within this Gold Coast Based Crane Hire Company is its Well-Maintained Crane Equipment & its High Net Income Return! This Business Offers a New Owner or Existing Crane Hire Company Massive Potential for Further Sales and Profit Growth - 27.22% (approx.) Growth Occurred Organically in 21/22. With an 80%+ Repeat Business Client Hire Rate, This Business is Heavily Relied Upon by Hundreds of Clients. There are Instant Profits to be Had by Reducing the Cross-Hiring, Saving up to $200K+ p.a. Or, Be Content with Earning this Additional Passive Income on Top of the Majority of Income Being Generated by Hiring its Own Cranes…

  • Well established after nearly 3 decades (only 2 owners) and being based on the Gold Coast for this duration, this is a highly relied upon and popular crane hire service business. It continues to provide hundreds upon hundreds of existing and loyal business-to-business clients from across a diversity of industries, with their day-to-day load/material/equipment and product crane lifts throughout the year. Operates 5 days mainly.
  • This business has grown more than 27.22% (approx.) in 21/22. This growth being organic, occurring naturally thanks to two elements; a booming and fast populating SE QLD market combined with always endeavouring to provide business clients with ‘what they want, when they want it’ – always delivering a personalised service.
  • Clients include those who are supplying and installing air-conditioners, being among so many other clients. Really, any heavy items required for residential and commercial properties, civil and infrastructure works and any other client that has products/materials/equipment which weighs more than a tonne, requires being lifted and moved by a crane on site.
  • Organic sales growth has not been limited to the growth within the greater Gold Coast region, as Brisbane is also where clients of this business extend to. This business is not only one of the oldest in the local market, but is one of the most trusted and renowned for being reliable within the crane hire market. Full stop.
  • This is why it commands so many existing client referrals and having no concern for a lack of on-going business, as it enjoys the high repeat and return demand of oh so many highly successful companies on its books. This investment can therefore provide a high and robust net income return, plus provide any new owner with ample plant and equipment value, in addition to earning a passive profit percentage for all its overflow and outsourced crane hire jobs.
  • Its crane drivers on team are well trained and experienced.
  • This owner is relinquishing the responsibility of business ownership, but loves driving a crane, so is requesting a role as an employee for the new owner or existing crane company, which could make this business’s transition easier for both parties and minimise any commercial risks involved with this business’s transition.
  • Renowned for doing what it promises its clients, this brand has simply continued to reap the rewards of being a trusted player within this segment of the market, all without actively seeking to drive sales or profits up. Growth has been naturally awarded, thanks to a dynamic market, a breadth of highly successful and dependent business clients across many industries and being such a great crane hire company to be serviced by…Say no more!
  • This business can be based from a home office and only requires a yard to store the cranes.
  • The vast majority of clients have remained loyal to this business relentlessly, for the last 5-10+ years, not just during this recent population boom or COVID-19 trading period. They have constantly requested crane hires so to carry on with their own jobs and work, wanting to make their own money in their own respective businesses and industries. This type of business just helps them get there by charging value for money prices and remaining reliable, always!
  • This is why this owner has such a massively growing overflow of client job requests for crane hire, which it also chooses to refer a percentage onto other crane companies. Also, having ample potential for growth internally with its own cranes.
  • This owner confessed that he is not at the age after nearly 20 years of ownership to invest in more cranes, having no motivation to expand the equipment base already owned i.e., adding a slew crane etc.
  • No client represents more than 10% of this business’s annual income, providing ample financial comfort from having such a diverse clientele and income across its hundreds of regular and high repeat crane hire business clients.
  • The ‘only way is up from here’ for this crane hire company, pardon the pun. All being transferred by this genuine and motivated owner who knows that he is not the one to take this already highly profitable and growing business to its next stage of expansion. 

All this equipment value and high return on investment for just $859,000 WIWO  Open to all genuine offers

Photos Used are for Indicative Purposes Only

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