Listings } Tabak

120717 - Upholstery & Canvas - $225,000 Including Stock $10,000 and Fixed Assets $40,000

Ref #: 120717. Renew, Repair & Service; Extremely Busy!

 The business is based in a regional South Island location and enjoys a long history of success and credibility. It dominates its local/regional market servicing primarily commercial and some private clients. The business employs a small number of well qualified and loyal employees, who are all locally based.

The business has prospered through several changes of ownership over the years, and whilst retirement beckons for the current owner, he will be available for a comprehensive transition period if required.

Business Strengths:

  • Over 35 years in business and an enviable reputation for quality and service
  • Excellent margins
  • Established and profitable
  • Key client relationships
  • Mostly B2B; some B2C sales
  • Excellent location and lease
  • Stable and qualified staff
  • Wide diversity of markets
  • Consistent Earnings
  • Accelerating client demand, they are turning work away!

The ideal buyer could be:

  • A buyer who has solid promotion and marketing skills
  • A practical 'hands on' approach
  • Able to build and maintain strong commercial relationships
  • Perhaps some knowledge of or experience in the industry

Having owned the business for the past 13 years and reached retirement age, the owner feels the time is right to provide a new owner with the opportunity to continue to grow this well established and profitable business.

The vendor will be happy to provide the necessary assistance to ensure a smooth transition.

Net Surplus: $104,000 EBPITD

Contact:  Kevin Peterson

Office: Christchurch

 

For more information, please click the contact button below to send us a message.

CONTACT US

⇑ back to top