Listing #:1558469263
Premium product installation - residential and commercial
Winner of various industry awards
Location: Auckland City, Auckland
The opportunity
This business was formed 16 years ago and is for sale for the first time, due to retirement.

It installs a range of products in both the residential and commercial sectors. The client base is very diverse, with only one client making up more than 5% of 2016/17 sales, and 70% of clients individually making up 3% or less of sales.

There are significant volumes of forward work. The business has won several industry awards.

Business strengths
- Quality product with reputation for reliability and service
- Very broad client base – mix of commercial and residential clients
- Fundamentally simple installation only business model - not a manufacturer/fabricator
- Owner drives sales rather than being ‘on the tools’
- Client deposits reduce credit risk and create positive cashflow
- Strong pipeline of forward work
- Ability to further grow client base through marketing
- Mainly a Monday to Friday operation
- Owner is currently working less than full time – thereby creating an opportunity for the purchaser to increase sales

The buyer
The business will suit someone with good practical and general management skills, and a desire to grow the business.

Net surplus: $261,562 projected 2017/18

EBPITD - Earnings Before Proprietor, Interest, Tax and Depreciation

Tabak Business Sales Limited - licensed under REAA 2008

Agency reference #: 291117
Asking price: $687,384
Listed: Wed 28 Feb, 2:29 pm
Jonathan Barrett
Tabak Business Sales
  • Contact Details
  •  (021) 538194


Agent's details

Jonathan Barrett
  •  (021) 538194
Tabak Business Sales

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Expires: Wed 25 Apr, 2:29 pm
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