Sold

Specialist Contractor Profitable & Always Busy

SOLD

The 3 year average *cash surplus $367K & growing!

Here is a niche specialist in commercial & residential markets with a major focus on the refurbishment of heritage buildings, including earthquake strengthening. Long established with a great reputation built on superior trade skills, quality workmanship & loyal long serving skilled employees.

The vendor works approx. 20 hrs/wk on admin, tenders & quotes & general management of the business. He is looking for a lifestyle change therefore this very sound and profitable business is for sale.

Through industry best materials, superior craftsmanship & a rigid quality assurance policy, this business receives regular recommendations from specifiers, property managers, building contractors and the like. The future is bright as there is a great desire by owners & managers of heritage buildings to preserve & regularly maintain them to a high standard.

There is no stock holding, cash flow is positive & bad debts are rare. The business only requires approx. 100m2 for storage & could be relocated or operated from your home. It is a great standalone business or a terrific bolt on to another.

Detailed client records will be passed to a new owner. The vendor will negotiate with potential new owners to ensure a thorough handover. The vendor says that the new owner will not require product specific knowledge as this could be learned relatively quickly, plus there is a great deal of knowledge within the team of employees.

This business will suit a person familiar with contracting, tendering & quoting to the construction industry & owners / managers of properties & buildings. An understanding of worksite Health & Safety will be very useful.

Asking Price $799,000.

Detailed information will be made available to approved parties. To find out more, visit www.barkerbusiness.co.nz/BBS2461 & submit the online Confidentiality Agreement. Geoff will be in touch.

*Source of information - Supplied by Vendor. Cash Surplus = EBPITDA.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.

Details

Region Auckland
Price SOLD
Business ID BBS2461
Category Industrial/Manufacturing

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