203 Gill Street, Charters Towers City, QLD 4820

For sale

$175,000 Plus Stock, Plant & Equipment

Pirtek Fluid Systems Franchise Northern QLD Based

Pirtek Fluid Systems Franchise Northern QLD Based

• Charters Towers Northern Queensland

• Pirtek Engineering Business for Sale, 203 Gill St, Charters Towers

• Plant & Equipment $225K approx.

• Stock $245K approx.

• Goodwill $170K

• Asking Price $640,000

Successfully trading for over 25 years, this Charters Towers based Pirtek franchise is proudly being offered to the market for the first time.

Pirtek have established themselves as the market leader in fluid transfer solution products and services, renowned for their quality products, rapid response time and high-profile accounts.

This Queensland based Pirtek franchise is no exception as they cater to a wide variety of customers including Manufacturing, Mining, Civil works, Local council, earth moving and farming to mention a few.

The investment highlights of acquiring this business are:

• Strong revenue over the past 3 years, exceeding profit projection

• Pipeline of Infrastructure and construction projects within the territory

• Long-standing blue-chip client base

• High performing and well skilled team

• Large exclusive territory

• Well recognized and respected brand

• Support of a highly successful franchisor

The owners have priced their existing plant and equipment at $225,000, their stock at $245,000 subject to final stocktake and their Goodwill and other intangible assets (including the $50,000 plus GST initial franchise fee on approval) $170,000 setting the total price of $640,000.

Future opportunities include the infrastructure projects announced in the 2021-22 state and Federal budgets namely;

$500 million Inland freight route Charters Towers to Mungindi upgrading the road and bridges from Charters Towers to the NSW border and $10.7 million to widen areas on the Gregory Development Road.

The $1 Billion Australian-Singapore Military Training Initiative to be built near Greenvale – north of Charters Towers and the Big Rocks Weir along with expansion and upgrades to the local Gold and Copper Base Metal Mines in the area.

If you are looking to purchase a solid business with a strong ROI, dependability with a proven track record,

Call Steve for further details 0499 500 032

or

Email; [email protected]

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Property Info:
  • Property ID: L13685226
  • Property Type: Franchise
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R&H Suburb Profile: Charters Towers City

R&H Suburb Summary Houses
Number of sales 56
Average Price $188,030
Median Price $182,500
Median Rental Price $250 p.w.
Change in Rental Rate (5yr) 14 %
R&H Suburb Summary Units
Number of sales 1
Average Price $330,000
Median Rental Price $175 p.w.
Change in Rental Rate (5yr) -10 %
Charters Towers City, QLD - Median Trend
$182,500