Ad ID: 54088

Trade Services Business for Sale Wellington

Specalised Machinery - 35+ Year History. Owner Retiring

Business Description

Trade Services Business for Sale Wellington

Servicing the greater Wellington region since 1981 this business is well recognised within their industry space.

They provide a range of specialised outdoor services to residential and commercial customers. There is a constant demand for their services. They have a wide range of machinery that provides a certain level of barrier to entry. 

Like a lot of businesses where the owner is retiring we have identified a number of growth areas and efficiencies that could assist performance. 

This business will appeal to a private individual with a practical trade background interested in dealing with customers, quoting, staff, job scheduling and general business management. There is a staff roster of 9 on the tools including an on-site foreman.

Alternatively this could suit an existing trade business seeking a bolt on opportunity.

Business Resources

Turnover is approximately $1.5m. This was spread amongst some 430+ customer jobs this most recent financial year. The business has a forward order book of some $600,000 across 42 jobs. This is estimated to be approximately 4 months of work.

The original cost price of vehicles, machinery and equipment in the asset schedule is $1.1m. This has been heavily depreciated over the years however has a long life expectancy and good maintenance history. They have an on-site contract mechanic that attends all maintenance and repair work. 

Reason for Sale

The owners (husband and wife team) are retiring ! They are happy to assist with a suitable handover as required. 

Sale Price: 

$450,000

Net Surplus: 

$200,238 - YE May 2016

Net Surplus: 

$187,518 - YE May 2015

EBPITD: Earnings before paying one Proprietor, Interest, Tax and Depreciation

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