Ad ID: 102712

Trade Sector Business for Sale Auckland

Simple to run trades business.  Highly systemised, all work performed by subcontractors - Auckland

Location:
Asking:
$891,811

Business for Sale Description

Trade Sector Business for Sale Auckland

This business performs trade services for mainly residential customers within the Auckland region. The business model is fundamentally simple, with all ‘on the tools’ work carried out by third parties. There are only two employees.

The business was founded in 2015 and turnover has grown by over 120% in the last four years. The split of work is approximately 75% residential and 25% commercial.

The operation is highly systemised, making good use of technology. As a result, the owner’s role is limited to an estimated eight hours per week, with day to day management of jobs carried out by the two employees. The revenue stream is highly diverse, with the largest customer in 2020/21 making up only 7% of revenue. Due to the subcontracting nature of the business, no stock holding is required, with purchasing handled directly by the contractors.

Business Resources

  • Fundamentally simple business model
  • All work contracted out
  • Only two office based employees – owner and staff are not on the tools
  • Owner input less than two hours per day
  • Monday to Friday operation for owner and staff
  • Not reliant on any single customer – largest customers in 2020/21 made up 7% and 4% of revenues
  • Excellent online reviews
  • Customer deposits provide positive cashflow
  • No stock purchasing/holding required, and limited fixed assets needed
  • Scope for further growth, notably in commercial work
  • Extended handover available by negotiation if required

This business is likely to suit someone with good sales/marketing and general business skills.

Net surplus: $287,681 year ended 31 March 2021  (adjusted for COVID lockdown)

EBPITD - Earnings Before Proprietor, Interest, Tax and Depreciation

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For more info
Contact: Jonathan Barrett

Jonathan Barrett

021 538 194 or 021 538 194
Normal Business Hours
Tabak Business Sales (Tauranga)
Licensed REAA 2008
Broker Ref: #140721