Listings } Tabak

SOLD - 210716 - Concrete; Construction; Landscaping - $195,000

Ref #: 210716. Great Reputation; Good Forward Orders

 For the last four years this business has been providing services into the repair & rebuild market in Christchurch. The working owner is seldom 'on the tools' and simply manages the business. The team of three staff plus several casuals and the owner deliver 8 - 10 jobs/projects per month, generating around $1m+ per annum in sales.

The business does only modest advertising, with most new work being referral and 'word of mouth', delivering services to residential home owners, the commercial market plus a core group of investors, project managers and developers.

With new residential building consents averaging 540 per month in the last twelve months, Christchurch is still very active; however there is also literally hundreds (and likely thousands) of over cap repairs that have not even started yet.

Add in the commercial work that continues to be available and this business represents an excellent investment for the right buyer. An estimated 12,500 homeowners have/will cash settle with their insurer, and these homes will all need repairs.

A new owner with a background or experience in any of the below will be well suited to this business:

  • Practical & comfortable in a 'measure & quote' environment
  • Capable man manager within a small team
  • Project or Property Manager
  • Property services or trades (particularly concrete work)

A great opportunity and stunning ROI for the right buyer!!

Net Surplus: $313,800 EBPITD

Contact: Damien Fahey

Office: Christchurch 

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