EtA Downunder - Episode 7

G'day, I'm Pete Seligman. There are a growing number of people thinking about buying a business in this region, but it can be hard to see what that actually looks like. So to help bring one part of that process to life, I've teamed up with my mates Jason Andrew and James Frank to throw some businesses on the table and share our raw thoughts on each. This is Eta down under. We hope you enjoy it.

In this episode, we take a close look at a temporary fencing business in northern New South Wales. This opportunity has potential for those entering the market, with a profit of $630,000 for a working owner at 30 hours a week.

The asking price is $1.7 million, which translates to a multiple of approximately three times the earnings. This business, rooted in the construction sector, offers a low-risk model with significant growth potential, making it an intriguing prospect for the right buyer. Our discussion covers the fundamentals of hire businesses, highlighting the operational aspects and the balance between labor costs and capital expenditure.

This business is ideal for someone with a background in the hire industry or a related field, looking to step into a profitable and manageable operation.

Thanks for listening. I hope you enjoyed it. If you want to learn more, please hit us up on LinkedIn.

• Follow Pete on YouTube: Pete Seligman
• Connect with Pete on LinkedIn: Pete Seligman
• Connect with James on LinkedIn: James Frank
• Connect with Jason on LinkedIn: Jason Andrew

Stay tuned for the next episode of EtA Down Under, where we continue to explore exciting business opportunities and share our insights.