$1,500,000 - Bay of Plenty
Established over 60 years ago, this company has a reputation for high quality workmanship and service, making them one of the region's top specialists in their industry.
Having experienced strong growth, the business has more than $2million of confirmed forward work in place. In order to focus on their repeat and loyal customers, the business is currently turning new projects away.
With an extensive range of well maintained equipment and a solid staffing structure in place, there are plenty of opportunities for a new owner to take this well established business to the next level.
- A well established business with profitable trading figures
- Management structure in place
- Sound systems and processes
- Loyal client base and excellent reputation
- Large asset base with a replacement value of approximately $1.3million - formidable barrier to entry for competitors
- Significant amount of confirmed forward work
- Potential for further growth
This business is likely to suit a mechanically minded individual with a hands-on mentality. The current owner is willing to support the buyer for an extended period of time and is open to the possibility of staying with the business.
This is a great opportunity to purchase a well known and well structured business with solid profits.
Net Surplus $638,000 (forecast for current financial year) EBPITD