Ad ID: 55289

Construction Service Related Business for Sale Auckland

Construction Related; Returns $1.15M*

Location:
Asking:
3,750,000
Type:

Business for Sale Description

Construction Service Related Business for Sale Auckland


Investment required to purchase this business circa $1.0 - $1.5M cash or equity (Subject to criteria), the Vendor will finance the buyer to $500K and the business has solid assets value of $1.2M.

- 2016 EBPIDTA returns of over $1.15M.
- 2017 forecast to do similar.
- Full management in place.
- Assets valued over $1.2M.

The industry is messy but the profits ARE NOT! Work just flows in due to the Auckland construction boom and that\'s not slowing down for at least 5 years, we believe 8!

Having been around for over 30 years this business has recently invested heavily in new assets to take the profits to new heights. The EBPIDTA number should be able to be consistently achieved for the next 10 years with plenty of scope to improve should you wish. The business will be sold with significant WIP or forward orders.

With a manager virtually already in place, a brilliant right-hand woman and a vendor happy to provide any hand-over period you desire, this is astute buying.

The Vendor will do a 6 month handover if required, potentially longer. This business suits a range of buyers; it could be hands-on person to replace the retiring vendor or an investor to let the existing team take over. Opportunity to relocate the business should you wish also as the existing lease is coming up for renewal shortly.

Asking $3.75 Million, by negotiation.

Strict Confidentiality Applies on this listing. Visit www.barkerbusiness.co.nz/BB1996 and submit the online Confidentiality Agreement and Mike will be in touch.

*Source of information supplied by Vendor / Vendors\' Agent.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

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Barker Business Brokerage Ltd
For more info
Contact:

Mike Bryce

Mike Bryce
021 771 711 or 09 448 0757
Phone: Mike Bryce or 09 448 0757
Barker Business Brokerage
REAA 2008
Broker Ref: BBS1996

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