Listing #:5889088773

WATERPROOFING BUSINESS FOR SALE

Location: Auckland City, Auckland
WATERPROOFING BUSINESS FOR SALE

Serving the greater Auckland supercity as well as the Coromandel and Northland regions.

Established by the owner 20 years ago who wishes to retire.

At the asking price this is a turn key operation ready for the purchaser to just walk in and start.

HIGHLIGHTS
Brand is well established and industry reputed.
Solid client base with repeat customers.
Strong EBIT and cashflow
Zero to minimal construction retentions
Strong systems and customer base ready for the building industry recovery.
Could easily bolt onto an existing related trade business.
Reasonably priced and represents good value.
Genuine reason for sale.

DESCRIPTION
This is an owner/operator business with currently two working staff. The business has operated with more staff during construction industry boom times.

Clients are both residential and commercial and many are quoted on a preferred supplier basis.

This business does not operate at the cut-throat, price driven and bottom end of the construction sector.

Strong EBIT, cashflow and owners salary paid even in the current downturn.

In a boom construction market this business historically delivered solid profits in the range of $750,000 p/a.

There are three sign written vans included.

A reasonable handover period will be offered as required.

REQUIREMENTS
Prospective buyers ideally need construction trade experience and/or LBP qualification.

The brand and business is for sale, the existing legal entity remains with the vendor.

ENQUIRIES
Enquiries will only be conducted under a full non-disclosure and confidentiality agreement (NDCA) - no information will be provided without this.

Please supply your full details including photo ID so we can prepare the NDCA.

All qualified enquiries will be managed by the owner.
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Listing managed by:

GENCO VALUATION LTD, Est. 1999
www.gencovaluation.com

Plant & Machinery Valuers

Listing agent only, we are not a business broker.
Asking price: $280,000
Listed: Fri 17 Apr, 2:06 pm
Seller's details
Member since Dec 2007

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