Ad ID: 68725
Booming Construction and Hire Business for Sale Otago
Scaffolding Biz - Motivated Owners Need to Sell
Business for Sale Description
Booming Construction and Hire Business for Sale OtagoDont miss this opportunity - Cromwell Based Central Otago Lakes District Scaffolding Company.
This is a well-established, highly respected, scaffolding hire business which has generated a surplus of $212,000 for a year to one working owner.
There is a leased yard at just $460/month and gear replacement cost of over $300,000 which is more than the asking price.
The business was established in 2005 by the current owner who has been in the industry for over 40 years. As a result, the systems and the gear are of good quality, well maintained and well suited for purpose. This business supplies scaffolding to all sections of the Construction and Building industry and has supplied access and protection on large industrial sites, residential renovations, house builds and even movie sets and stages.
There is an unprecedented demand for the services of scaffolding hire businesses with an expansion in all fields of building, be it residential, hotels, commercial, industrial, retail and workers accommodation facilities. With its current operation concentrating on Cromwell and its immediate surrounds an expansion into Queenstown and Wanaka would seem logical for a new owner to increase turnover and profits.
This business could be suited to a new owner operator or integrated into an existing construction operation with its own management structure which would add to the bottom line. Owner retiring due to ill health is offering an assistance period.
The company has its own website, a strong reputation and over 400 happy clients on its data base.
This is a solid business with a big future, good gear, good systems and enormous potential. Don\'t delay, contact Doug Bishop today.
Asking Price Now Just $295,000
To find out more, visit www.barkerbusiness.co.nz/BBS2239, register your details and submit the online Confidentiality Agreement. Once Doug receives your expression of interest he will be in touch.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.
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