Ad ID: 56566

Building Foundation Levelling and Remedial Business for Sale Christchurch

Internally developed and refined process specifically for NZ market Growth of business outside Christchurch, and company has good enquiry

Business Description

Building Foundation Levelling and Remedial Business for Sale Christchurch

Perfect add-on for contracting company

In 2012, following discussions with floor levelling companies, insurers, geotechnical and structural engineers, the owners identified the need for a new way to level slabs and foundations.

The system was designed to satisfy three fundamental core objectives::

  • Level slabs with perimeter foundations and ring foundations or a combination of both.
  • Level foundations & slabs without altering the load profile of the building or ground.
  • Level foundations & slabs with minimal ground disturbance, excavation & additional ground loading.

 

To date, they have successfully repaired in excess of 100 buildings in Christchurch

The four owners all reside outside of Christchurch and have other business interests they wish to pursue.Two of the owners work in the business and have flown to Christchurch every Monday since 2012.

Opportunities for growth in the business would require new owner to undertake sustained marketing into other regions and establish plant/equipment mobilization to Auckland and Wellington.

There is an opportunity to look at licensing the IP of the business and then to grow into other cities in New Zealand, or abroad, via a licensing route.

Business Resources

The system conforms with all MBIE recommendations.

The business has all of the required staff and plant & equipment at its base in Christchurch. The exiting owners would offer a decent transition to ensure a new owner can properly get his/her feet under the desk.

It could be beneficial for a new owner to have a sales or project management focus because the business currently has over $6million worth of live quotes in the market.

Sale Price  $600,000 
Sales 1/4/16 - 31/8/16   $624,409
Margin (Net Profit before Depreciation)   ~30%
Projected Sales 1/9/16 - 31/3/17   $720,000
 EBIT March 2016  $1,044,000

If this opportunity is of interest to you don't hesitate to get in contact with us.

Contact:

 

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