Building, Construction & Maintenance | Substantial Renovation Company – High Profits!

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Substantial Renovation Company – High Profits!

Auckland | Ad ID# 3076
Industries  >  Building, Construction & Maintenance
Asking Price $1,500,000.00 Inventory $
Included in Asking/Selling Price
Gross Income $0.00 Real Estate $
Stock/Inventory value .00 Year Established NA
FF&E $0.00
Included in Asking/Selling Price
*
Employees




Business For Sale By
Chloe Belli

Contact the Seller
To inquire about this business for sale, click the "Contact the Seller" link below

  Website
Substantial Renovation Company – High Profits!

This financial year cash surplus projection $1M plus with $7million confirmed pipeline!

This long established large modern renovation company has successfully built a great name and recognisable brand within the Auckland market. Producing a high calibre of work, they have formed a highly successful organisation with a fantastic team culture.

Over the last few years the business has had consistent revenue of over $7million per annum and with the right strategic management can return circa $1million (as proven in 2015). Due to other commitments the owner has had reduced input in the operation, but still managed a *3 year average cash surplus (including his wage) of circa $695K.

This year after implementing price increases in early 2017 and monitoring expenses the 3 month management accounts show a return of over *$450K. On that basis the business should well exceed a surplus of *$1million and to top it off there is still *$7M of confirmed work in the pipeline.

This operation presents an exciting opportunity for a purchaser with a good finance and strategic background who is looking for a company they can grow. Renovation sits in a separate market to new builds and even if things slow, people still renovate. With a huge core of qualified reliable staff, excellent systems and a huge pipeline of confirmed work the business could be elevated by a fulltime owner who can capitalise on the fantastic foundation.

Asking Price: $1,500,000 Including Plant

* 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, register your details and submit the online Confidentiality Agreement for reference #2129. Once Alan receives your expression of interest he will be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

General Information

Home-Based: No

Property/Location

Other Information

Reason for Selling: NA