Great Managed Business - High Cash Surplus - Low Multiple
Why buy this Expert Solutions Business
Expert Solutions Business for Sale Auckland
We are excited to bring to the market this hugely successful operation - Here is a managed business with a cash surplus of $1.8m and an impressive pipeline of work in negotiation.
Within the building, construction and mechanical sector, this newly formed electrical business has gone from strength to strength with over $7m worth of confirmed work in progress already for this year and $12m in negotiations at this stage.
There is an expert team of hard-working staff in place and there are some big-name clients on the books and it\'s no wonder; with a large range of service options, quality workmanship and a stand-out reputation, 80% of work comes from repeat business / 10% referrals from the likes of malls, supermarkets, and large commercial and industrial businesses. With the size of the clients, there is also no bad debt in the business.
The business is located in a thriving South Auckland suburb and close to motorway access. A new owner has the opportunity to also purchase the building through Barker Business should this be of interest so chat to us today.
A savvy business owner, possibly with electrical industry experience would reap the rewards this business has launched. Alternatively, could be a great add on to an already established construction service business.
Business Asking Price: Enquiries over $3,900,000.
If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 3275 and submit the online Confidentiality Agreement. Once Ann or Dan receives your expression of interest they will be in touch regarding further information about this opportunity.
*Source of information - Supplied by the Business Owner. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2022.
