Substantial Renovation Company – High Profits!

Average cash surplus (including his wage) of circa $695K.

LOCATION: Auckland Price: $1,500,000 Ref#:BBB2129
This financial year cash surplus projection $1M plus with $7million confirmed pipeline!

This long established large modern renovation company has successfully built a great name and recognisable brand within the Auckland market. Producing a high calibre of work, they have formed a highly successful organisation with a fantastic team culture.

Over the last few years the business has had consistent revenue of over $7million per annum and with the right strategic management can return circa $1million (as proven in 2015). Due to other commitments the owner has had reduced input in the operation, but still managed a *3 year average cash surplus (including his wage) of circa $695K.

This year after implementing price increases in early 2017 and monitoring expenses the 3 month management accounts show a return of over *$450K. On that basis the business should well exceed a surplus of *$1million and to top it off there is still *$7M of confirmed work in the pipeline.

This operation presents an exciting opportunity for a purchaser with a good finance and strategic background who is looking for a company they can grow. Renovation sits in a separate market to new builds and even if things slow, people still renovate. With a huge core of qualified reliable staff, excellent systems and a huge pipeline of confirmed work the business could be elevated by a fulltime owner who can capitalise on the fantastic foundation.

Asking Price: $1,500,000 Including Plant

* 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 #2129. 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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Alan Dufty
Number: 09 925 8774
Mobile: 021 550 645
  • Alan from Barker Business was the best thing that happened to us! — Cameron Holm.

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