Car Parking systems installation and service Business For Sale

Adjusted Profits to owner operators $700K + Sale Price $2.5M

This business was established by the original owners and has been in operation for over 10 years. The business imports and installs carpark management equipment. They also provide after-market service, preventative maintenance contracts, service contracts and consumables for their customers. The business is the sole Australian distributor for a well known and trusted European parking product known for their product reliability and latest in technology worldwide.

Business Highlights

Ideal standalone business or “bolt on” opportunity

Good reputation in market place

Reliable and state of the art product

Sole distribution rights

Very price competitive

Current sales $3M pa

Good Gross Margins of 40%

Opportunity for further growth in Sydney and interstate

Vendors will assist with a sensible handover and ongoing assistance to ensure continued success of the business.

One of the owners wishes to now retire whilst the other owner has a degree of flexibility and may consider retaining some shareholding and/or continue running the business in some capacity.

This business is suitable for an investor with marketing and business skills to expand the business. There is a good opportunity for a new owner to expand the business interstate to build a national business model.

Asking $2,500,000 includes equipment, fixtures and fittings, stock and goodwill.

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