Ad ID: 65510 Inactive

Sub-Trade Services Business for Sale Palmerston North

Commercial, Industrial, Residential. This well established sub-trade business attends contracting and service work in the Manawatu region.


Business for Sale Description

Sub-Trade Services Business for Sale Palmerston North

The industry is regulated and they are members of an association. The two working owners (husband and wife) are supported by 9 staff. Customers include residential, commercial, industrial building contractors. They do have service contracts and have attended to one main customers work for the past 16 years.

Highlights include;

1. Well established brand with repeat business
2. Sub-trade services is busy with full forward work book
3. Constant demand for services
4. Regular customer for past 16 years
5. Owner retiring
6. No website, technology or social media presence

Turnover range over the past 3 years is $1.65m to $1.85m. 

Business Resources

The owners work in the business. Mr is attending Purchases, Job Pricing, Service and Contracts Management, Staff. Mrs attends to Office Management, Accounts, Wages, Staff. They are retiring so happy to assist with a suitable handover.

Sale Price: $711,000 + stock
Net Surplus: $340,000 - 3 year average
EBPITD: Earnings before paying one Proprietor, Interest, Tax and Depreciation

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