Construction Company - Tracking $1M + Profit
SOLD
Step into a highly profitable business with a huge $7 million pipeline of confirmed work! The current 3 month management accounts show a return of over $450K, so the annual income is tracking well over $1million profit.
Run remotely by the Vendor 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 of circa $695K.
This long established large modern construction 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 structured organisation with a fantastic team culture.
The buyer doesn’t necessarily need construction knowledge and the operation presents an exciting opportunity for someone with a good finance and strategic background that is looking for a company they can grow. The Vendor will offer continued support or alternatively he is currently looking to hire a specialised GM so the business could potentially be fully managed.
With sizeable profits, a huge core of qualified reliable staff, excellent systems and a huge pipeline of confirmed work this presents an exciting business opportunity.
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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