Ad ID: 76446

Construction Based Business for Sale Queenstown

Queenstown Construction Opportunity

Location:
Asking:
$579,000

Business for Sale Description

Construction Based Business for Sale Queenstown


Located in the stunning suburb of Arrowtown and concentrating on the surrounding area is this very busy scaffolding company.

Established in 2005 by an experienced professional, this excellent business is ready to be passed onto another family who are looking for financial freedom in one of the fastest growing regions in the country.

Demand is high for this company\'s services and the (QLDC) forecast for new residential units in this Queenstown Lakes District is for 40 per month for the foreseeable future.

Turnover for just the owner and one staff member the 2018 year was $320,000 with a surplus to the owner of $225,000.

The yard is leased at a competitive $340/month and all equipment is fit for purpose, hard wearing and well maintained.

The customer base is spread across a good number of high-end builders with no reliance on any particular one.

Asking Price $579,000 which includes gear at around $335,000 replacement.
The asking price is a very competitive multiple of earnings of 2.57 for the 2018 year.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/BBS2416, 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.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2018.

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Barker Business Brokerage Ltd
For more info
Contact:

Doug Bishop

Doug Bishop
021 950 111 or 09 448 1285
Phone: Doug Bishop 021 950... or 09 448 1285
Barker Business Brokerage
Licensed REAA 2008
Broker Ref: BBS2416

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