Plumbing & Heating Solutions Business for Sale Southern Lakes

Why buy this Plumbing & Heating Solutions Business

Plumbing & Heating Solutions Business for Sale Southern Lakes

The Business

First established in 1993, this business has generated over $3m in revenue each year over the last 6 years, and will do so again this financial year despite the pandemic, and economic headwinds the country has recently faced. With a presence in two towns within the Southern Lakes district, the business has established very strong relationships covering the whole of the lower South Island.

 Key Points

•  Operations Manager and Foreman in place
•  $2.2m of forward work already confirmed
• Big focus on renewable energy solutions
•  Extensive systems in place to operate with maximum efficiency
•  Margins are above industry benchmarks
•  Diverse income streams
•  Opportunities for future growth
•  Well respected and reputable within the industry and region

Business Resources

The Buyer

Trades experience and general business acumen will see a new owner thrive. This business would equally suit an individual/couple looking to create their own future, as well as an existing business (plumber, electrician) looking to expand by acquisition. Vendor is available and willing to provide an extended handover if required.

Sale Price                    $1,200,000

Net Surplus                 $426,000 EBPITD 2025FY (expected result)

                                    $407,168 EBPITD 2024F