Listings } Tabak

060917 - Demand Is Constant - $1,900,000

Location. Wellington. Ref #:060917. It's Everywhere You Look - Owner's Retiring

This every-day service requirement is literally everywhere you look.

 

Here is a well known, well respected supplier of services into the Wellington residential and commercial markets.

 

Customers are from the building, renovation, repair and replacement markets. This means there is a constant demand for their services. They process 3000+ orders annually.

 

There is one full time working owner attending largely to measure and quotes. The part time working owner attends administration duties. They are supported by four full time staff. 

 

The business has a number of highlights worth considering;

 

  • Well established brand with repeat business
  • High GP and Net Profit margin levels
  • Specialised machinery ensures timely product delivery / installation
  • Convenient fringe city location
  • Constant demand for services
  • Limited promotional activity undertaken
  • Growth opportunities identified
  • Wide range of regular customers across the residential and commercial markets

They are members of their industry association. This means they operate under a code of industry ethics. The association has an established set of standards the business comply with.

Financial Profile

The business has demonstrated a consistent level of performance over the past four years.There is a limited level of stock required as delivery is available on short notice. They operate some specialised machinery which sets them apart from some of their competition. There are four delivery and installation vans on the road.

Vendor Assistance

The owners of the business are heading into semi retirement and are happy and willing to support the Purchaser as required.

Confidentiality Agreement

Approved interested parties will be required to complete a confidentiality agreement with the owners of the business in addition to the Tabak CA process.

 

Net Surplus: 

$702,765 YE March 2017 EPBITD 

 

Contact: Brodie Wilson

Office: Wellington

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