The business is a leading player in the shingle roofing niche, with a quality client base and referral network. This represents a significant opportunity to capitalise on the momentum that the current team have built. With a GM in place this business is fully managed on a day-to-day basis and the business has been very resilient through the economic cycle given the high-to-high end market that the business serves.
Highlights of this opportunity are summarised as follows:
Plenty of opportunities to grow the business particularly geographically with the current operations being limited to the Auckland market.
The business has delivered a sustained period of success with a promising outlook as evidenced by pipeline of confirmed work and quote levels.
Staff are very experienced and well respected within the industry, with the business requiring minimal input and oversight from the current vendor.
The business achieved EBITDA of circa $650,000 in FY24 and expected to perform better in the current FY25 year.
