Ad ID: 69957

Niche Civil Construction Business for Sale Christchurch

Very profitable - Profits Exceed $1M with excellent systems and management, for part time owner. 

Location:
Asking:
$1,818,000
Turnover:
$4,500,000
Type:

Business for Sale Description

Niche Civil Construction Business for Sale Christchurch

This reputable business provides specialist services for ongoing infrastructure work, unrelated to the earthquake rebuild. The business has developed barriers to entry because of specialised knowledge, systems and long-standing customer relationships. The current owners have owned a number of companies and have applied their experience to developing strong processes, reporting and a management structure that allows the business to function autonomously. Considering this, the company will be attractive to a wide range of purchasers, from entrepreneurs outside the industry (as it does not require prior experience), to an existing civil company owner as an add-on to grow revenue, capability and customer base through acquisition. Or alternatively an investor looking for a platform to push into other market segments, the company currently has huge untapped potential for diversification into more of the booming civil construction market in the Canterbury region.

Business Resources

The company’s longevity in the market, a history of strong profits, cash flow and a solid future workflow make it a very attractive investment.

Over 5 years the present owners have invested approximately $1.4M in assets, which have a current book value of around $800,000. Assets are well maintained with a policy of disposing of equipment as it becomes obsolete.

Interested In This Opportunity?

Email To A Friend / Myself

 

Knight Frank (KFNZ Ltd)
For more info
Contact:

Geoff Smart

Geoff Smart
03 377 3700 or 027 284 2281
Phone: Geoff Smart or 027 284 2281
Knight Frank NZ
Licensed REAA 2008
Broker Ref: GS253

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