Busy Contracting Biz - Solid Profits & Future

$899,000

3 Year average *Cash Surplus approx. $325K

This very busy contracting business services the construction & home maintenance sector. The products supplied and installed are an essential purchase not a discretionary one. When the time comes, property owners have to act.  

•    A long successful history
•    Excellent name and reputation
•    Easy marketing creates regular new work
•    Experienced, qualified staff & contractors
•    Strategic supply agreements in place
•    Sales are spread across a large number of clients with no reliance on any particular majors
•    There are opportunities for new product offerings and diversification

This opportunity will best suit an owner operator, however it could also be a bolt on to an existing business. You could be an ex-tradie, a trade support or trade services person, or a sales & marketing person. Knowledge of estimating and quoting would be very useful.

This is definitely something for an entrepreneurial owner to take over and grow. There are a large number of potential new clients within the boundaries of Auckland, however you could spread further afield if you wished.

Low stock holding and substantial client deposits up front ensure cash flow is positive. There is a short turnaround from advertising to quoting, to then completing the work and receiving full payment.

The vendor will ensure a thorough handover and could be available in some capacity, post sale. The terms of any post sale involvement will be discussed during the sale process.

You can also purchase the commercial premises. Please enquire if interested.

Asking Price $899,000. (Inc. approx. $81K plant & stock)

A detailed information memorandum is available to approved parties. To find out more, visit www.barkerbusiness.co.nz/BBS2695, register your details, submit the online Confidentiality Agreement and Geoff will be in touch.

* Cash Surplus = EBPITDA - *Source information supplied by the Business Owner.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2020.

Details

Region
Price $899,000
Business ID BBS2695
Category Industrial/Manufacturing

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