www.nzbizbuysell.co.nz/107852
Ad ID: 107852

Well Drilling Services Business for Sale Tauranga

Well Drilling Tauranga Based

Location:
Asking:
$1,500,000

Why buy this Well Drilling Services Business

Well Drilling Services Business for Sale Tauranga

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 currently has more than $2 million 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.

Highlights

• 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 approx.. $1.3 million – formidable barrier to entry for competitors

• Significant amount of confirmed forward work

• Strong 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 EBPITD (forecast for current financial year)

EBPITD – Earnings before one proprietor’s income, interest, tax and depreciation

For more info
Contact: Kevin Kerr

Kevin Kerr

07 578 6329 or 0274 977 946
Normal Business Hours
Tabak Business Sales (Tauranga)
Licensed REAA 2008
Broker Ref: # 040422

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