Trades Business for Sale Christchurch
Commercial Interiors; Consistent Profits
Why buy this Trades Business
Trades Business for Sale Christchurch
The Business
With a multi-million dollar sales top line, this is a historically very successful business that is well positioned for years to come. The forward order book is $3m+ strong; the clients are a “who’s who” of commercial builders in Canterbury; and a strong staff capability plan is in place. The business is a market leader within its category, is extremely well regarded and only on the market due to the corporate vendor having other priorities.
Why Buy It?
- ·Well defined pathway to consistent and rising profitability going forward
- ·Excellent succession and staff capability in place
- ·Market strength and high credibility with clients
- ·Dynamic commercial market with excellent forward orders
Cashflow & Working Capital
Services are delivered and projects completed on the back of a relatively modest level of tangible assets; however, the systems and support staff in place are tangible, evidential drivers of EBPITD. The trading cycle is a key to the business success & profitability, with monthly billing of progress payments being an integral element to maintaining cashflow. The buyer will require circa $350k of initial working capital over & above the purchase price.
Business Resources
The Buyer
This business will suit:
- A trade player seeking greater exposure to the Christchurch commercial market, or vertical integration
- An experienced businessperson within the construction sector who can leverage the excellent sales and de-corporatise the business to significantly increase profit.
- A savvy tradesperson looking to take the next step into running their own multi-functional team, and not required to be on the tools
- A QS or similarly trained buyer seeking to capitalise on their skills & experience
Having been involved in previous sales, Tabak is very aware of the capabilities of this business and are confident of the significant gains that can be made under a different ownership structure.
Damien Fahey
