Ad ID: 58967

Long Established Earthmoving Business for Sale Auckland

Retirement Creates Opportunity: $420K Cash Surplus

Business Description

Long Established Earthmoving Business for Sale Auckland

Auckland Region - Asking price $1,590,000

*Do you want a strong, stable business that's been making serious money for over 30 years?

This earthmoving business has an enviable reputation, gained from its 30 (+) year history of providing Developers, Builders, Contractors and domestic clients with premium service. *It is very profitable, returning a cash surplus to a working owner of $420,000 in the last financial year. They offer an entire land development package and incorporate major scale earthworks, subdivisions, lifestyle blocks, retaining walls, drilling, landscaping and supplies, driveways, truck hire and cartage; to farm roading and ground stabilisation.

*There is never a shortage of forward work as the business draws repeat clients. There is a large spread of clientele to minimise risk and there is not one client that the business has had to rely on. This business policy has enabled the company to remain profitable through all business climates.

The owner who currently works in a managerial capacity wants to retire after 30 years in the business. There is a competent and loyal team who are willing to continue with a new owner so it is all set up for a new owner to walk in and take over. The vendor is happy to provide some on-going support during his retirement.

The plant value included in the asking price is significant and the vendor is open to excluding some equipment if it's not required. The extensive list of good quality plant is well maintained and has a current valuation of $1,200,000. Their range of machinery and trucks is of such a size that they can work up to 5 projects simultaneously.

Asking Price: $1,590,000 Includes Tangible Assets with a current valuation of $1,200,000 and Stock of $60,000.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz, register your details and submit the online Confidentiality Agreement for reference #2026. When Paolo receives your expression of interest he will be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

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