Repeat Business & One-Off Projects; Year on Year Growth
Niche Install & Repair Business for Sale Christchurch
The Business
This business has been providing an essential service to its customers for over 20 years. Key aspects include:
· Varied client base, covering the South Island
· Niche service experts in their field
· Predominantly B2B, with opportunity for growth in B2C
· Repeat business, with yearly R&M and major works on rotation approx. every 7 years
· Capable staff
· Months of forward work ahead
· Top quality plant & equipment
· Excellent premises within Rollestons Izone
Owners Role
The owner spends his time liaising with customers, quoting and overseeing jobs. Due to the growth of the business, and to ensure an appropriate handover of technical skills, the Vendor is willing to stay on and work for the new owner as an employee. An allowance for this has been factored into the below earnings. Alternatively the Vendor is open to discussions around a 50% sale of the business to the right buyer.
The Buyer
While no specific skills are necessary, experience in the trades industry would be beneficial. There is ample opportunity for growth for a new owner that is prepared to spend time on business development.
Sale Price $475,000
Net Surplus $226,894 EBPITD 2024FY
