Sold

Money Does Grow on Trees, $503K Surplus

SOLD

Profitable, established Treecare Southern Lakes Business in desirable Queenstown location.

This well-established business was set up by a tree care expert in Queenstown nine years ago. It was modelled on the owner's previous tree care business they ran in Auckland for 23 years and is operating very successfully. The average surplus pa to owners for the past three years is circa $360,000. The business services established and growing areas within Queenstown, Wanaka, Cromwell, Clyde, Alexandra and the services offered are able to cope with just about any sized job including big projects many others can't.

Work carried out includes tree removal and planting, stump grinding, tree & hedge trimming, excavator mulcher and log grabber for land clearance, consultancy and Arborists reports. There is a very good web site which attracts new custom and a good base of regular clients such as Queenstown Lakes District Council, Department of Conservation, Southland District Council, various property management companies, Delta, Queenstown Trails Trust and Ultimate Hikes. Systems used have been fine-tuned and the equipment is all fit for purpose and in good condition. The staff willing to stay on are experienced qualified Arborists who are fully trained and well versed in all aspects of the workplace safety rules. The owner is willing to stay on for a reasonable assistance period for some months if required.

There is a current 30/08/18 fair market valuation report which values the plant and equipment at $725,800 with a replacement cost of around $1million. The registered valuation records. Overall a very tidy business offering a good service to its clients.

Asking Price $1,349,000. If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/BBS2400, register your details and submit the online Confidentiality Agreement. Once Doug receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner. Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2018.

Details

Region Otago
Price SOLD
Business ID BBS2400
Category Services

Share This Business