Sold

Contracting Biz with Great Potential $200K

SOLD


A solid future awaits this contracting business which supplies to the construction & building maintenance sector. Cash surplus* of in the 4 months prior to Covid 19 lockdown was $100k+, while the 31.03.20 full financial year was approx. $330K.

Since the Covid 19 lockdown the vendors have had a change of
heart and wish to sell.

This is now an entry level opportunity for an entrepreneurial person who will make this work. Many other players in this market sector make exceptionally good incomes.

New business is gained via website, Google ad words and referrals from satisfied clients. A strong reputation also helps.

Strong attributes include;
· Supplies a vibrant in-demand market
· Currently operated from a home office
· Relocatable within Auckland
· The owner does not need to be on the tools
· Excellent quoting systems in place

There is no stock holding & clients pay substantial deposits up front, therefore cash flow is positive.

There is a short turnaround from advertising to quoting to doing the work and receiving full payment. Tangible assets are all quite new.

This could suit people from various backgrounds. You could be a trades person, someone from a trade support / supply background or a sales & marketing person. Managing a team and communicating well with clients is very important. The business could be a bolt-on to an existing business or the springboard to greater earnings for an entrepreneurial person.

Asking Price $200,000 (incl. plant approx. $115,000, and any stock)
The vendor will consider all serious offers.

A detailed information memorandum is available to approved parties. To find out more, visit www.barkerbusiness.co.nz/BBS2687 register your details, submit the online Confidentiality Agreement. 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 Auckland
Price SOLD
Business ID BBS2687
Category Industrial/Manufacturing

Share This Business

Agent Details

What our clients say

"I can't thank you enough" - Geoff

"I can't thank you enough" - Geoff

After reaching out to you in a time of need, I can’t thank you enough...

"I couldn't have done it without you" - Jayne

"I couldn't have done it without you" - Jayne

I just wanted to send a quick note to say a massive thank you for everything...

"A Skilled Mediator Between the Parties" - Bridget

"A Skilled Mediator Between the Parties" - Bridget

We have the utmost confidence in recommending Bridget as a highly skilled...

"Jayne Gets My Full Recommendation" - Jayne

"Jayne Gets My Full Recommendation" - Jayne

  Jayne is hard worker and very professional. She was very responsive...

"Exceptional Dedication and Professionalism Through Every Challenge" - Alan

"Exceptional Dedication and Professionalism Through...

Thank you so much for your incredible dedication in working through the...

"Pleased to recommend his services" - Greg

"Pleased to recommend his services" - Greg

I recently worked with Greg on the sale of my accountancy practice, and...