nzbizbuysell.co.nz/94923
Ad ID: 94923

"Fire and Flood" Business for Sale Christchurch

Preferred Supplier to Insurers -  Commercial & Residential Projects

Location:
Asking:
$595,000
including stock & plant

Business for Sale Description

"Fire and Flood" Business for Sale Christchurch

The Business

  With sales averaging over $600k + GST in the last three years, this business shows strong trading and excellent margins. It enjoys the status of “the go to guys” when its services are required. Income is derived from a mix of larger commercial projects and domestic jobs. Demand is “event driven” so when they are needed, they are needed, regardless of economic events or lockdowns! This is the classic “non-sexy, highly profitable, niche business” that sits under the mainstream radar.

Key Strengths

• Established & profitable

• Excellent staff on casual contracts i.e. no minimum hours during quiet times

• Loyal and hardworking staff who enjoy this unique environment

• Preferred supplier to insurers

• Great reputation

• Good margins

• Barriers to entry re equipment and systems and “know how”

• Plenty of identified opportunities for growth

• Plant & equipment all “fit for purpose”

Business Resources

Vendor & Buyer

Our vendor wants to retire and spend more time fishing! He is only “on the tools” for a limited period, and his role is to “plug gaps” in the team where demand requires. Buyer attributes will include:

• People management – both clients & staff

• Be prepared to “muck in” if required

• Be thorough

• Strong customer service ethic

• Relationships with loss adjusters; and constant, regular communication on progress of projects

• Fast response and turnaround time on client enquiry

• Be fair & honest i.e. have integrity

• Maintain & encourage a high standard of workmanship

This business has spent 25 years establishing its dominant position and continues to excel with a strong current workload!

Sale Price $595,000 including stock & plant

EBIPTD $274,987

Interested In This Opportunity?

Email to a friend / myself

 

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Tabak Business Sales (Christchurch)
For more info
Contact: Damien Fahey

Damien Fahey

Damien Fahey
0276 853 536
Tabak Business Sales (Christchurch)
Licensed REAA 2008
Broker Ref: 070720

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