Roofing & Scaffolding

The Business

Consistently generating $2-2.5m + GST of annual sales this business has been providing roofing & scaffolding solutions to Canterbury builders, homeowners, developers, property managers & Government Departments for over 20 years.

Business strengths include:
• Well established & profitable, improving forward orders
• Credible supplier using market leading brands
• Diverse client base – so modest customer risk
• Established and extremely competent staff
• Significant asset base included in the sale price
• Identified opportunities for growth

The Future
Operating from a destination site, this business is well recognised, and opportunities for additional growth include:
• Leverage the extensive asset base more than is currently being done
• Focus on product sales more than is currently being done
• Leverage off the increasing number of preferred supplier arrangements in place
• Improve marketing & social media presence
• Generic growth through Canterbury’s improving construction sector and the nationwide economic “green shoots”

The buyer will become a working owner to replace the retiring vendor OR may perhaps be a trades services, roofing or scaffolding business wanting greater exposure into the Canterbury market; or a local entity wanting to add to the range of services it provides. Useful backgrounds for a new owner include:
• Construction, project management, QS and/or quoting
• Roofing, scaffold and/or cladding application & installation
• LBP experience (ideal for builder wanting to get “off the tools”)
• Very competent handyman or DIY person
• Husband & wife team with one or more of the above attributes

This is a consistently profitable business that has earned its reputation & success, has a substantial asset base and is on the market for the first time.

Sale Price $695,000 incl. stock & plant

EBPITD $309,026 (two year average)
EBPITD $309,280 (three year average)
EBPITD $327,136 (four year average)

Agency reference #: L001714