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Just Listed

Outstanding Plumbing Biz Operating Since 1992

$1,250,000

*3-year Cash Surplus $470K to $500K.

Profitable, well-established Auckland based plumbing business, primed for expansion.

There is a small team of experienced, reliable, industry certified staff in place with the ability and knowledge to embrace the variety of projects that make this business so interesting.

Servicing a wide-ranging customer base covering everything from shop fit outs, infrastructure, to commercial and residential construction and maintenance.

The new owner could be the 'hands on' type with a plumbing background or alternatively a practical person with GM experience; someone who is looking to expand a business by recruiting additional staff and taking advantage of the long successful track record of a solid brand.

There is plenty of forward work ahead and because this business has successfully completed such a large range of projects over many years, the demand for their services remains strong - providing an outstanding foundation for a new energetic owner to take over and continue forward.

Revenue is well spread throughout the customer base who simply keep asking them to do more of what they do so well!

Good systems and office staff are in place taking care of the bulk of the admin and paperwork.

A generous handover period is offered by the owner who is prepared to stay on for a while on a contract basis to assist with a smooth transition.

An exceptional business that has consistently reliable cashflow making this well worth consideration.

NOTE: *Cash Surplus figures are based on EBPIDT. Includes estimated profit lost during Covid Lockdown.

Asking Price - $1.25M includes stock, equipment, and vehicles.

More information is available at www.barkerbusiness.co.nz/3111 by submitting the online Confidentiality Agreement. Once Paul receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner. For confidentiality, this business has been advertised under our Albany office.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.

Details

Region Auckland
Price $1,250,000
Business ID 3111
Category Industrial/Manufacturing

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