Sold

Busy Hawkes Bay Business - *$1M Surplus!

SOLD

High Profit Hawkes Bay Service Biz *1M Surplus!

Located in Sunny Hawkes Bay this dynamic services business has established itself as a stand out player in a busy environment and with the last *2 years average cash surplus exceeding *$1 Million it s very profitable. Over the last 14 years the owners have created strong company brand awareness within the range of industries the business works in by providing exceptional service to a reliable customer base dealing with a variety of customers including commercial and industrial businesses and private individuals.

There are experienced industry certified staff on hand including an operations manager as well as team leaders who take care of the bulk of the staff management and this allows the owners to focus on the day to day running of the business.

Demand for the services this business offers is constant and ongoing Health and Safety Act and work safe requirements for industry in general are becoming more stringent, generating more work all the time. A new owner will have the option to continue running this operation as is and enjoy the benefits of owning a substantial business or they can branch out into other areas already identified to continue the growth path.

The Hawkes Bay has proven to be an ideal place to live for the owners who relocated here before starting this business. They say the area enables people to enjoy a great lifestyle working in an easier (less stressful) environment without big city hustle and bustle and annoying city traffic hassles and with fabulous schools its an exceptional place to raise a family.

The consistent cash flow results in a low working capital requirement. This business is
so well set up with substantial assets including approximately $2.3M investment over the years in the highest quality equipment required to maintain current profits and this is a great feature.

Asking Price $3.2 Million including plant & equipment

*Source of information - Supplied by the Business Owner or the owners Agents. Cash surplus figures are calculated on the average of FY2017 and FY2018 EBPIDT.

Visit HYPERLINK 'http://www.barkerbusiness.co.nz/BBS2298' www.barkerbusiness.co.nz/BBS2298, register your details and submit the online Confidentiality Agreement & Paul will be in touch.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2018.

Details

Region Hawke's Bay
Price SOLD
Business ID BBS2298
Category Services

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