LINK# 12051Ad ID# 5831 |
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Location:
Canterbury
Category: Construction |
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With the flat property market, people tend to be doing up and renovating rather than selling. This highly profitable business is a licence to print money. Roof coatings and restoration in Canterbury and West Coast. Exterior / Interior painting in Canterbury since around October 2009. It is a Franchise, but without too many of the typical Franchisor controls. The Franchisor offers several benefits including: # Top quality products at highly competitive rates. # Promotions, advertising in all media including both radio, TV, yellow pages etc., on a scale that an individual just couldn;t do on their own. # Strong brand recognition. # Defined area of operation. # Systems to follow that facilitate quotations etc.. The Vendor has a relentless flow of incoming work, from an assortment of new and regular customers. The work is straight forward and easily learnt and involves quoting, scheduling and supervision of work for his team, purchase of materials and equipment, and some hands-on work aswell. The vendor offers substantial “vendor assistance” if required, and is genuine and motivated to sell and return to Auckland. The “Working Owners Discretionary Cash Profit” or Earnings Before Proprietors income, Interest, Tax and Depreciation has averaged in excess of $130K over the last two financial years March 08 and March 09, and that’s without the additional Ext / Int painting which began October 2009. The asking price is $220K made up of Stock and Plant $50K plus Goodwill $170K.
The images are for illustration purposes only |
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Charles Rattray Link Business Broking Ltd MREINZ Licensed Agent REAA 2008 03 366 3394 0274 449 706 |
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