Listings } Tabak

SOLD: 170816 - Equipment Sale, Hire and Servicing - $367,000 plus stock/hire equipment at valuation (est $313,000)

Location: Auckland. Ref #: 170816. Home Based; Beauty Industry Equipment

 This is a great opportunity to own what is currently a home based business, with significant returns to a working owner. It operates within the growing beauty and personal grooming sector.

The business sells, hires and services equipment for a range of commercial clients. Over 30% of revenue is from ongoing long term hire contracts. These contracts are highly profitable.

There is currently only one employee. The business model is fundamentally simple and would suit either a single working owner or a couple. The present owners are looking to retire from full time business ownership.

Key Business Strengths:

  • In business for 14 years
  • Currently home based - limited storage space requirement
  • Diversified revenue streams - sale, hire and servicing
  • Operates within a growing industry sector
  • Broad client base - 66% of sales are to clients who each make up less than 3% of the total
  • Business to business sales rather than dealing with the general public
  • Recurring revenues via hire contracts and servicing work
  • Currently only one employee to manage (technician)
  • Simple business model, Monday to Friday operation
  • Would suit a single working owner or a husband and wife team
  • Scope to grow the business further through increased marketing focus and/or addition of new products

This business does not require any specialist technical skills of its owner.

Net Surplus: $261,499 EBPITD; projected 2016/17 ($291,499 to two working owners)

Contact: Jonathan Barrett

Office: Auckland

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