Construction - Where The Real Money Is To Be Made! For Sale

BusinessSale ID# 323009
Location:   Auckland
Category:  Engineering


Asking Price: $2,950,000

Business for Sale Summary

The real story when it comes to this business: -

Well established and successful five (5) day a week business; can be operated from an office anywhere; Profit in excess of $1 million per annum; small, easily managed, loyal long-term staff on site; huge potential for growth.

Why is the owner selling? Because he is retiring. It is not an urgent sale - the owner is prepared to stay on during the transition of ownership and help the new owner settle in such is the confidence in the future success of this business.

This business operates within a niche in the commercial construction industry and has few competitors. It operates with an on- site manager and 6 staff. Normally a 5 day a week operation with occasional work on a Saturday. Owner normally works 5 days a week and this can be from an office situated anywhere in Auckland.

Turnover year ended 31st March 2017 was in excess of $2 Million and is on target for a similar turnover in the current financial year. Gross Profit (after wages) runs close to 70 %. Plenty of work ahead. E.B.P.I.T.D. for year ended 31st March 2017 was in excess of $1.2 Million and expected to be similar in current financial year.

Plant and Equipment valued in excess of $1 Million and Vendor is prepared to consider some negotiation when it comes to the Sale Price!

What could this mean for you? An income of possibly $1M + for the rest of your life?

Disclaimer: - Please note for confidentiality purposes, this business has been listed under the RE/MAX PARTNERS office address. Further details on this business' location will be provided on application. The content of this advertisement must be read in the context of, and in conjunction with, the Information Memorandum in order to avoid any possible misinterpretation or misunderstanding caused by confidentiality considerations, advert space limitations and / or other limiting factors or generalizations including use of generic images.

E-mail: - or call 021-546-569

Contact Seller

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Jeff Bracegirdle
+64 (0) 21 0859 1893

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