Sold

Highly Productive Home Office Run Business

SOLD

This home-office based Auckland business was established in 2007 and over the years has built an exceptional reputation in the marketplace.

A busy, growing operation within a relatively niche sector of the building industry; this small trade business is highly productive and profitable. With a low overhead structure and excellent systems in place, the business is run from a home office with an easy-to-manage team of 5 experienced staff who are hardworking, loyal and a real asset to the company.

The cash surplus for 2021FY was *$405K with a further $60K in retentions to be paid (this year) for work completed in the 2021FY. The turnover for 2021FY was $1.506M and only 4 months into this FY the business already has a *pipeline of confirmed and highly probable work of circa $1.677M and growing!

• *2021FY $405K cash surplus to Vendor + a further $60K retentions
• Huge pipeline of confirmed forward work for 2022FY
• Experienced tightknit team with excellent staff culture and retention
• Excellent potential for growth with ongoing support from Vendor
• Low overhead structure, profitable and managed from a home-office


There is huge potential for further growth with plenty of work within the industry and a pool of contractors already utilised within the business when needed. The owners genuinely care and want continued success for the Purchaser and their team of staff so will offer ongoing support outside of the standard handover. With a pipeline of confirmed work about to exceed 2021FY and the ongoing support from the Vendor this purchase offers great security to the successful purchaser. Enquire now to learn more!

Asking price $890,000 Including stock and assets.

*Source: Information supplied by the Business Owner or the Owners Agent(s).

To learn more visit www.barkerbusiness.co.nz/3069, register your details and submit the online Confidentiality Agreement and Alan will be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.

Details

Region Auckland
Price SOLD
Business ID 3069
Category Industrial/Manufacturing

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