Tumut NSW 2720
$3,850,000.00

DESCRIPTION

Phone enquiries - please quote property ID 29737.

***VENDOR FINANCE OFFER***

This dynamic mobile crane, engineering and access hire business has been established for over 30 years servicing the Tumut and surrounding areas.

Stable and recurring revenue streams are continuing to grow with a broad spectrum of clients across numerous industries and the private sector.

A large list of well-maintained, high-quality plants and equipment, some of which will have appreciated in value.

Fully staffed with qualified and experienced tradespeople.

Annual turnover has almost tripled in the past 9 years.

This business is being offered on a WIWO basis.

The current commercial property and workshop (approximately 4 acres) is also available on a lease basis or as a separate purchase.

PLEASE NOTE THAT THE LISTED PRICE INCLUDES 8 CRANES AND ALL PLANTS AND EQUIPMENT.

Please see our new updated sale terms regarding the sale of our business as outlined below:

***VENDOR FINANCING***
-----------------------------------

TOTAL SALE PRICE: $3,850,000.00

Amount to be paid on settlement of contract $2,850,000.00

The remaining balance of $1,000,000.00 is to be vendor-financed over forty-eight (48) months and paid as follows:

* First instalment of $250,000.00 to be received on/or before the twelve (12) month anniversary of the settlement of the contract

* Second instalment of $250,000.00 to be received on/or before the twenty-four (24) month anniversary of the settlement of the contract.

* Third instalment of $250,000.00 to be received on/or before the thirty (36) month anniversary of the settlement of the contract

* Fourth instalment of $250,000.00 to be received on/or before the forty-eight (48) month anniversary of the settlement of the contract

Please note that the remaining $1,000,000.00 is vendor financed at zero interest and these terms are not negotiable.

Many thanks for your interest.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.