Ad ID: 75419 Inactive
Managed Construction Business for Sale Christchurch
Managed Construction Biz Could be Your Pot of Gold
Business for Sale Description
Managed Construction Business for Sale ChristchurchA well-known Scaffolding Business in Christchurch is now available. Turnover for 2018 was circa $800,000 with a surplus to the owners of $163,277. Surplus for the first 8 months of this year to 30th Nov is running at $169,280 and the full year forecast for 2019 is $253,920.
Established four years ago, the owner is sadly looking to quit the industry due to poor health. This business could well suit a builder or existing scaffolding hire companies in Christchurch who could integrate the customer base and equipment in with their own, or those from outside the region wishing to set up in this very busy construction market.
There are currently two ticketed staff which includes the Manager plus one labourer who are highly skilled and work on building projects covering residential, commercial and industrial. There is a very good web site which attracts ongoing enquiry without the need to advertise but as a new owner, you could explore this area to generate more business.
There is still a huge demand in all sectors of the construction industry and ongoing Health and Safety rules and regulations will ensure the longevity of scaffolding hire businesses.
Included in the sale is a selection of good quality well maintained equipment covering Tube & Clip, H Frames scaffolding system and three trucks. The equipment on its own has a Cost Value of $336,426 with a Depreciated Value of circa $170K. The yard is leased on a month to month basis, so a new owner could easily move to alternative premises.
Now the asking price is a very competitive at $479,000 for a fully managed business. This is a multiple of surplus of only 1.88.
If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/BBS2383, register your details and submit the online Confidentiality Agreement. Once Doug receives your expression of interest he will be in touch.
*Source of information - Supplied by the Business Owner.
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