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Sales & Installation; Queenstown & Wanaka Dealership

Popular Product; Growing Market

$275,000 - Lower South Island

#L001447

detail

Business Opportunity

This is a well-established and quality business model, offering a product to both the new build and renovation market. Leads are generated within the territory and dealer website, and by the product manufacturer via their website. The dealer completes a site visit and measure up, with a quote to follow. Once the quote is accepted a deposit is paid, the product is ordered from the manufacturer and the installation is completed.

The current owner both sells and installs, albeit a new owner seeking growth could potentially outsource the installs to devote more time to selling.

Business Strengths

  • Strong growth and profitability since inception
  • A good understanding of the “measure & quote’ environment is important
  • Simple and effective business model
  • Design & product specification run nationally by the manufacturer
  • Currently one man band – work your own hours
  • No licensing fees

While it is not necessary to be a licensed builder to install this product, it is definitely something that requires knowledge of the building industry and competence with a variety of tools/power tools including a certain finesse to the work. It is suggested that a skill level of more than a typical handyman is required for installations. This business would suit:

  • An construction-experienced  individual happy to carry out the sales and quoting work, and completing their own installations (perhaps a builder wanting to lighten their load)
  • A ‘team’ (i.e. couple, siblings etc.) where perhaps one is a builder and the other works on sales/quoting, with a view to growing the business
  • An existing building/landscaping company purchasing the dealership as a ‘tack on’ to their business 

Reason for sale

The business is in a perfect position to scale and grow, with a solid forward work pipeline in place. There are relationships in place with some of the largest builders and developers in the region. The current owner has other business interests, and feels the time is right to sell to somebody who is willing to take this on and see the business reach its full potential. He is motivated to sell!

The Vendor will provide all necessary support to ensure a smooth transition.

Net Surplus:  $163,561 EBPITD

EBPITD: Earnings Before Proprietors Income Tax and Depreciation

Contact: Sam Cherry
Office: Christchurch

Confidentiality Agreement for Business Reference L001447, Broker Name Sam Cherry

Between Tabak Business Sales and the Interested Party.  The Interested Party must be an individual's name, NOT a company name.

In consideration of Tabak Business Sales (being any or all of Tabak Limited (Licensed under REAA 2008) and/or Tabak Business Sales Limited (Licensed under REAA 2008) and their respective business brokers) entering into discussions relating to the possible acquisition of the assets or shares of any business(es) presented to me by Tabak Business Sales and specifically the business referenced above, I/We hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. I acknowledge that the financial records, customer and supplier details and other information relating to the business to be disclosed to me shall at all times remain the sole and exclusive property of the Vendor and that such information is of competitive value and of a confidential nature and that loss or damage would be sustained by the Vendor if such information should be used or divulged by me for any purpose other than the evaluation of the purchase of the business or should it become into the possession of an unauthorised third party;
  3. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Tabak Business Sales;
  4. Not to make an approach to the Vendor of any business disclosed to me by Tabak Business Sales, or the business' staff, customers or suppliers without prior arrangement with Tabak Business Sales and to refer all queries through Tabak Business Sales;
  5. I acknowledge that Tabak Business Sales is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office;
  6. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to Tabak Limited (Licensed under REAA 2008) and/or Tabak Business Sales Limited (Licensed under REAA 2008) as the case may be;
  7. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Tabak Business Sales against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach;
  8. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  9. If I decide not to proceed with the investment, I agree to immediately return to Tabak Business Sales all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  10. Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.
  11. Privity: For the purposes of Part 2, Subpart 1 of the Contract and Commercial Law Act 2017, the parties acknowledge and agree that the agreements and undertakings given by the recipient in this Confidentiality Agreement are given for the benefit of the Vendor and its related companies and representatives, and are enforceable at the suit of all or any of them.

Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser

  1. seeks legal advice.
  2. may or may need to seek technical or other advice and information.
  3. review Tabak Business Sales’ internal process in relation to any complaints.  A copy of these can be found here.
Mandatory Fields*