Semi Managed Service Business - EBITD $289k

Semi Managed Service Business - EBITD $289k

The opportunity
Based in Whangarei, this business was formed over 25 years ago and was remotely owned by the current vendor for 9 years. The business has highly qualified and loyal staff, with a great management team who run the operation on a day-to-day basis. The current owner sporadically attends the weekly meetings in-person/online, and oversees the general running of the business.

Business Highlights
• 5 year Average EBITD $289k of $1.56M sales, 100% of sales are B2B
• Company owns the fleet vehicles, small storeroom with modern office
• Excellent reputation and great long-standing customer relationships
• Operates Monday to Friday only

The buyer
This is a business that relies on its own reputation, rather than the reputation of its owners, to generate revenue. The current owner does not have any specialist technical skills of this business, and started as a green hand 9 years ago.
A buyer with the ability to manage a small team will be able to learn and understand this business quickly. There is no requirement to have any industry specific technical skills.

Asking Price: $650,000 (None Stock) plus GST (if any).

This is an opportunity for an existing business looking to expand into the Northland Region, a hands-on investor, or a husband-and-wife team. The new owner could elect to sit back and leave the business as is, or work on it.
If needed, the current owner is available in every possible way for a period of up to two years to train and assist the buyer with a smooth handover.

Please email your details and skills in confidence to privatebusiness4sale@gmail.com. You will be contacted to discuss. If interested and the full non-disclosure document signed, then a meeting will be set, no financials will be sent via email.
Accounts are available for due diligence. Once we reach an agreement, we will leave the whole sale and purchase process with the lawyers.