Exceptional Plumbing Biz – owners surplus $1.175M

Phenomenal Plumbing opportunity with exceptional...

LOCATION: Auckland Price: $2,495,000 Including plant and stock Ref#:BBB2118
Exceptional Plumbing Biz – owners surplus $1.175M

Phenomenal Plumbing opportunity with exceptional returns and confirmed forward work.

•  Owners Surplus *$1.175M = 2.12 multiple on asking price
•  EBIDT profit *$886K = 2.81 multiple on asking price
•  2017 turnover $5m projected 2018 turnover $6m +
•  Huge Pipeline of confirmed work
•  Modern company with first class systems
•  20+ highly skilled qualified staff
•  Vendor willing to stay within the business

This Auckland based multi disciplined commercial, residential and maintenance plumbing company has built an outstanding recognisable brand with first class systems and has an excellent reputation in the market place.

Specialising in both residential and commercial plumbing they have the capabilities to take on large more complex jobs. The residential and maintenance side of the business provides great cash flow in between the larger commercial projects.

Extremely profitable, the business is poised to potentially surpass last year’s results with a good pipeline of confirmed work, established procedures, and a highly skilled reliable work force of 20+ staff.

The Vendor is willing to stay within the business, which not only offers great security but will allow a new owner to work on the business concentrating on growth rather than in it. This plus the excellent profits and the reasonable asking price, equates to a very solid buy for any investor.

Asking Price $2,495,000 Including plant and stock.

* Source: Information supplied by the Business Owner or the Owners Agent/s.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz, register your details and submit the online Confidentiality Agreement for reference #2118. Once Alan receives your expression of interest he will be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

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CONTACT

Alan Dufty
Number: 09 925 8774
Mobile: 021 550 645
  • Alan from Barker Business was the best thing that happened to us! — Cameron Holm.

  • I have found Barker Business Brokers to be a highly professional and innovative company. Their dedicated team of more than 10 experienced and energetic brokers impressed me immensely. — Brian Douglas.

  • Alan is a very genuine businessman. We were kept well informed throughout the whole process. His communication was prompt and professional, and he works with integrity. — Robert Marson.

  • Brett expertly picked the correct purchasers out of many, and an offer was made in two days after going on the market. Four weeks later the business was sold. — Karen Franklin.

 

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