Ad ID: 54828 Inactive

Earthmoving Contractor Business for Sale Tauranga

Profitable Business but Urgent Sale Required; Tangible Asset Sale Only


Business for Sale Description

Earthmoving Contractor Business for Sale Tauranga

Since listing his business the vendor has had a very serious accident which has left him with a long term recovery process. Although he has good staff covering for him and the business performance is not affected, he has decided to discount the asking price of the business to achieve a sale. This creates an opportunity for an astute buyer to purchase a profitable business at less than the plant value supported by good staff to assist the takeover.

The business is a respected, responsive and versatile general contracting company based in the Bay of Plenty. The work is a mix of contracts to manage Landfill Sites and general contracting. With the ability to operate in the upper half of the North Island ongoing workload is in abundance and with the fast growing Bay of Plenty at its doorstep this business has the potential to grow even further.

Key Points:

•    50 year history – Market place credibility
•    Reputation for quality and range of services with strong referral base
•    Landfill contracts with local authorities in place
•    Full range of Trucks, Earthmoving and associated machinery
•    Reliable and  loyal team of experienced staff and contractors
•    Confirmed work in place
•    Good systems and business practices
•    Plant & Machinery Valuation $1.6M and stock + yard rights - $50k

The business is at a stage where it has established itself and is capable of taking on small or large projects with the confidence that each will receive the same great service that has been its hallmark for over 40 years.  The new owner has the ability to build on this reputation and ethos whilst benefiting from the predicted growth within the Bay of Plenty region in both commercial and residential building and infrastructure all within a stone’s throw of the premises.

There are several likely ideal owners for this business:

•    A practical person who enjoys a hands on operation.
•    Business orientated person/s with sales and marketing skills wanting  to take advantage of the growth opportunities available in the area.
•    Purchaser with management ability to oversee an experienced team

Net Surplus: $472,693 YE March 2016 EBPITD

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