For Sale Price: $445,000

Profile

Description:

This business of boiler and pressure vessel inspections commenced in1962 and has continued to grow into a notable company with a long-term vision to help businesses of all sizes run better & safer every day.
The business performs inspections of boilers and pressure vessels to satisfy Australian Standards which includes AS/NZS 3788 and Occupational Work Health and Safety Legislation (or WHS) requirements to cover a company’s safety and legal obligations as a pressure equipment owner. The company adheres to a strict code of ethics and value their staff who are an integral part of the business. They fulfil all of its requirements that regulate Work Health & Safety (OH&S) legislation and maintains all of the appropriate insurance policies and can offer an effective and productive solution.

Key Features:

Established in 1962 with a reputation for quality and reliable service.
The client data base reflects over 1000 customer sites.
Periodic inspection of Pressure Equipment such as Boilers & Pressure Vessels is required by legislation in many jurisdictions. Regular inspections are considered good practice in modern management systems encompassing duty of care, compliance, safety, asset protection and risk management. Thus, clients welcome the service and are happy to pay to ensure compliance.
The owner has increased the customer base through referrals only – no marketing has been done. There is a website in place.
Well established systems in place to schedule clients visits in advance which assists with time management and productivity.
5 days per week only and work on site. Part-time staff run the admin from remote locations.
Very stable business model and years of consistency with the current clients.
The service provided is an essential service and needed to comply with the regulation of Work Health & Safety (OH&S) legislation and maintain all the appropriate insurance policies and each company’s own Quality Management Systems or accreditation requirements.
Concentrated client base in certain geographical areas enabling effective time management.
Service industry that cannot be exported overseas or disrupted by the internet.
Enormous scope for scalability if a new owner wishes to employ additional qualified staff to expand. There is no mandated qualification required for inspectors.
Experienced and loyal staff with excellent work ethics.
Tax returns available for due diligence.

Financials

For Sale Price: $445,000

Long financials: 3 Years

Turnover: $772,000

Net Profit: $304,000

Period: Annually

Lease: Work from home

Staff: 5

Broker

Broker:

Roy Levy 0416 124 860

To express interest in this business, please complete this Register Interest form and we will contact you.

Confidentiality Agreement

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Provider of Confidential Information:

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Pear Business Brokers Pty Ltd ABN 28 084 390 125 t/as Core Business Brokers
in its capacity as agent of its named or unnamed principal
Ground Level, 465 Victoria Avenue, Chatswood NSW 2067
Phone (02) 9413 2977, Email: [email protected]

Recipient of Confidential Information:

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Recipient will use the Confidential Information only for the purpose of analysing such information so as to make an informed decision as to a proposed purchase of part of the assets of a business, the whole business or the sale of shares in the business/es referred to above or any new businesses introduced to you in future.

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General Terms

1. When must we disclose the information to you?
1.1 We must make that part of the confidential information available to you that we consider in our sole discretion to be necessary for you to carry out the project.
1.2 The confidential information always remains our property. This agreement does not give you any right, title or interest in it. We make no warranty as to the accuracy, content, legality or completeness of the confidential information.

2. How must you treat it?
2.1 You must use the confidential information only for the permitted purpose. You must not use or exploit it for your own benefit or for any other purpose, or allow any other person to do so without our written consent.
2.2 You must not disclose it, and must ensure that your employees, contractors and agents do not disclose it to any other person except as required to carry out the project and then only on a confidential basis. You will, on our request, arrange for such persons to execute confidentiality undertakings in our favour that they are bound by this agreement as if a party to it.
2.3 You must take reasonable steps to protect the confidential information and keep it secure from unauthorised persons.
2.4 You must inform us immediately if:
(a) You become aware or suspect that there has been a breach of these obligations; or
(b) You are required to disclose the information by law.
2.5 At the end of the project or if we ask for it earlier, you must return the confidential information, and all copies, notes and memorandums relating to it, to us as we direct.
2.6 You do not have to treat as confidential information
(a) Which is or comes into the public domain, except information that is or becomes so because it has been disclosed without authority; or
(b) Which is lawfully known to you before the date of this agreement; or
(c) Which is or becomes available to you from another person who is in possession of it lawfully and can disclose it to you on a non-confidential basis; or
(d) Which you are required by law to disclose but you must seek to limit that disclosure in any way we reasonably request.

3. Indemnity
3. You indemnify us against all loss, damage, expense and costs arising because you do not observe the conditions of this agreement for any reason.

4. Duration
4. Your obligations under this agreement continue after the project ends.

5. General
5.1 We do not enter into this agreement in our personal capacity but only in our capacity as agent of our named or unnamed principal.
5.2 This agreement contains the entire agreement between you and us and takes the place of all other statements about the confidential information.
5.3 This agreement may be varied only if you and we agree in writing.
5.4I f we do not exercise a right at any time in connection with a default under this agreement, this does not mean that we have waived the right or cannot exercise it later.
5.5 This agreement is governed by the laws of New South Wales. You and we submit to the non-exclusive jurisdiction of its courts and courts of appeal from them.
5.6 By signing this agreement you permit us to add your details to our database and authorise us to communicate with you from time to time regarding new business opportunities.

We means the provider named on page 1.
You means the recipient named on page 1.

NOTE: Agreement hereto confirms that I have read and accepted the terms.*

I have read and accepted the terms

Broker:

Roy Levy 0416 124 860

Register Interest

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Boiler & Pressure Vessel Inspections Business for Sale - est 60 years plus - UNDER OFFER