Borgas Removals & Storage (BRS) commenced its operations in 1978 and has since grown to be a respected niche market operator providing furniture transport solutions to a specific geographical region within South Australia.
The business has been at its current location for approximately 16 years.
BRS also provides storage facilities at its premises in Clarence Gardens, household and office removals, interstate and country removals plus retail sales of packing cartons and packing materials.
In the early days of the business it became clear that it would be difficult to provide sustainable profit levels to support a professional operation from only local removals, as the industry was commodities and price competition was at unsustainable levels.
There was a need to focus on building a business with a significant competitive advantage to minimize the risk of competition and to maximize profit levels.
The rationale was to provide a single service to multiple customers simultaneously and thereby leverage profits.
BRS commenced weekly services to various country areas delivering both new household and office furniture as well as household removals and by servicing twenty to forty customers per load they have been able to successfully establish a profitable business.
The business now services the Iron Triangle, Whyalla, Pt Augusta, Pt Pirie and Mid North on a weekly basis, with the second "standard run" of the Riverland and Barossa Valley also being serviced weekly.
It is a family owned business with the current owners having owned the business since 2006.
They are placing the business on the market due to the commitments associated with a young family.
BRS is an exciting opportunity offering a profitable and well systemised business with the added attraction of the freehold real property.
It offers a large amount of capital equipment valued at approximately $140,000.
It a well respected and profitable business and enjoys an enviable market position largely as a result of astute management, sound business modelling and excellent customer service.
Other competitors have come and gone however BRS has a long term proven track record for reliability and service.
The business is ideally suited to a range of investors – as an add-on to an existing business or as a stand alone business for an owner operator.
The financials are strong and should continue to generate strong profit levels with good cash flow.
Even in such a challenging economic climate the business has continued to perform well with demonstrable growth.
BRS display a secure, strong, growing and profitable bottom line.
With the added attraction of the freehold real property, any lease commitments can be channeled towards the property, another asset that should continue to appreciate.
The business operates five days per week with the occasional Saturday morning when they workload cannot be accommodated in the weekday schedule.