Listings } Tabak

121217 - Facilities Management Provider - $1,350,000

Location. Auckland. Ref#: 121217. Blue Chip Customer Base.

This business provides facilities management market services into the health and housing sectors.  It is involved in both maintenance and project management.  The business has contracted customers that require a mix of hourly charge and fixed fee work.  Some work is self-delivered, with most of the maintenance work undertaken by subcontractors.  The current customer base is involved in two attractive market segments. 

The business does very little marketing, but continues to have approaches from other potential customers from within the market sector it operates.  The operational model in place will allow the business to grow profitably with the need to add very little overhead.

Business strengths

  • Excellent reputation and has recurring revenue
  • Attractive market sector customers
  • Exposure to the buoyant Auckland refurbishment market
  • Simple business model.  Just general business skills required to run the business
  • Mainly a Monday to Friday operation
  • Extended handover is available
  • Excellent returns to either a working owner or an existing business
  • Opportunities for substantial growth

The owner works around 40 hours a week.  He is supported by a Project Manager and an Administrator.

This is an excellent opportunity for single service providers in the facilities maintenance sector to diversify their business, or for a person with some understanding of the market sector to grow the business further.  Ideally a purchaser would need organisational skills, the ability to communicate effectively with a broad range of stakeholders, basic financial knowledge and possibly some general understanding of the facilities management market.  The owner is keen to ensure the ongoing success of the business and is therefore open to discussing an extended handover period.

Net Surplus: $507,000 EBPITD 2017/18

Contact: Andrew Larsen

 Office: Auckland

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