Listing #:1559423214
Rental / Hire – Health & Safety
Location: Auckland City, Auckland
Excellent Financial & Operational Performance

Business Opportunity
This is an excellent opportunity to own a well-established business which is an essential supplier to the building and construction industry. The business erects, rents out and then dismantles scaffold mainly to construction companies. Recent and on-going changes to Health & Safety regulations and Worksafe practices means that the business has a government mandate to grow. The business also hires or charges for other services including:
• Site fencing;
• Mobile towers;
• Roof edge protection; and
• Plastic wrap.

Strengths of the Business
• Recognised and long-established brand in the scaffold industry;
• Consistent and reliable revenue from scaffold hireage and rental;
• Good database of repeat clients developed over several years;
• Very good location close to motorways and central city;
• Multiple revenue streams including fencing and plastic wrap;
• Continuing investment in scaffold ensuring future rental income; and
• Strong Financial Performance.

Growth Opportunities within the Business
The business has doubled its revenue and trebled its earnings before interest, tax and depreciation since 2013 despite the fact it has never had a specific growth strategy. A new owner can grow the business further by:

• Broadening revenues due to ongoing Health & Safety regulation changes;
• Continuing to invest in scaffold equipment to grow rental revenues;
• Improve sales and marketing efforts especially around website;
• Consider new business areas like fall arrest systems and scissor lifts;
• Improve management and supervision of staff to deliver productivity gains; and
• Implementing an improved business development and marketing strategy

Agency reference #: 200617
Asking price: $4,800,000
Listed: Thu 1 Mar, 2:51 pm
Andrew Larsen
Tabak Business Sales
  • Contact Details
  •  (09) 3068638


Agent's details

Andrew Larsen
  •  (09) 3068638
Tabak Business Sales

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Expires: Thu 26 Apr, 2:51 pm
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