nzbizbuysell.co.nz/95070
Ad ID: 95070

Construction Related Business for Sale Auckland

On Site Work

Location:
Asking:
$850,000
Type:

Business for Sale Description

Construction Related Business for Sale Auckland


Hands off tools Vendor / role moving forward
EPBIDTA of circa $320k
Vendor keen to retain 20% shareholding

A great opportunity exists here to purchase a construction related business, essentially organising staff on different jobs throughout the city. The vendor is keen to stay on as a minor shareholder and will offer an ‘up to’ 6 months handover.

If paying $850k, 20% is $170k so purchase price would be $680k. A vendor would be able to take a salary of $120k and grow the business quickly to pay off this debt and drive the business forward.

The business has a strong EBPIDTA of $320k but this is easily grown. New work is coming in constantly and mostly without the vendor chasing any new work. The future in this industry is extremely strong for NZ.

The vendor currently operates this business from a home office with around 14 staff, this can grow with subcontractors at any stage.

Asking Price: $850,000.

More information available at www.barkerbusiness.co.nz/BBS2697 by submitting the online Confidentiality Agreement. Once Brett receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

For confidentiality, this business has been advertised under our Albany office.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2020.

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Barker Business Brokerage Ltd
For more info
Contact: Brett Barker

Brett Barker

Brett Barker
021 744 990 or 09 448 0751
Barker Business Brokerage
Licensed REAA 2008
Broker Ref: BBS2697

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