Sold

Standout Service Company, Owners Surplus $1.199M

SOLD

Showing exceptional returns this is a phenomenal opportunity offering great security servicing a stable trade sector of the market with a pipeline of confirmed forward work.
- Owners Surplus *$1.199M = 2.08 multiple on asking price
- 2017 turnover circa $5M; projected 2018 turnover $6M +
- Huge Pipeline of confirmed work
- Modern company with first class systems
- 20+ highly skilled qualified staff
- Vendor willing to stay within the business

This Auckland based multi disciplined service company is in one of the most stable trades and has built an outstanding recognisable brand, with first class systems and an excellent reputation in the market place. The residential trade work provides excellent cash flow which allows the company to take on larger more profitable commercial projects. With excellent industry knowledge, expertise and resources the company also has the capability to service the more complex niche work within the market.

Extremely profitable, the business is poised to potentially surpass last year's results with a good pipeline of confirmed work, established procedures and a highly skilled reliable work force of 20+ staff.   

The Vendor is willing to stay within the business, which not only offers great security but will allow a new owner to work on the business concentrating on growth rather than in it. This plus the excellent profits and the reasonable asking price, equates to a very solid buy for any investor. Asking Price $2,495,000 Including plant and stock. * 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/BBS2118, register your details and submit the online Confidentiality Agreement. Once Alan receives your expression of interest he will be in touch. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

Details

Region Auckland
Price SOLD
Business ID BBS2118
Category Industrial/Manufacturing

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