Iconic Nationwide Brand
Measure, Quote, Install; Fully Managed Horowhenua Territory;
$550,000 - Wellington
The current owner runs this 35+ year iconic franchise business by remote control. The business has been fully managed with motivated managers for eleven years.
They have forwarded installation work of 8 weeks, which is significant given the current economic climate. Year to date sales and profitability are well ahead of the same period last year. Deposits for scheduled work are taken up front which is great for cash flow.
The business has a number of highlights worth considering:
- Iconic National brand awareness, systems and support
- Consistent financial performance
- Constant demand for services
- Continued growth opportunities
- Commercial and Residential customers
- Forward work book = Circa 8 weeks
The business operates with six stable, capable and loyal staff + independent contract installers utilised as required.
This opportunity would suit a General Manager type owner. You would work with the existing team to learn and understand the business, then drive the continued client demand within this territory.
Net Surplus: $171,000 YE March 2020 EBITDA
Net Surplus: $179,000 YE March 2019 EBITDA
EBITDA: Earnings before Interest, Tax Depreciation and Amortisation