SOLD

Building Sector Biz, SDE* $310K p.a.

Auckland

Established over 15 years ago this easy to run and highly profitable business has developed a high profile and strong reputation built on its sales systems and quality of service delivery. In addition it provides extremely good cash flow and has seen strong revenue, and even stronger profit growth in recent years. The business model is simple, contracting a reliable and well trained team to do the installation work as well as the sales professionals to follow up on enquiries. Working from a home office the team’s activities are currently coordinated by the working owner with the assistance of a part time admin assistant. The business has returned an SDE* of circa $260,000 last FY **forecast to grow to over $310,000 in FY 18. The business is also highly scalable with significant potential for future growth.

**The vendor is the only authorised reseller of the building product they install in New Zealand. It is of very good quality and allows the business to offer the best at competitive prices.

**A lot of effort has gone into ensuring the product sourced is the best available in the New Zealand market and sourced from a supplier that stands behind what they sell as well as providing strong after sales support. This has enabled the owners to stand out from the competition and develop an indomitable position of advantage.

**We are told that a new owner can expect to comfortably own and operate this business by themselves – working, on average, around 40-hours per week.

**Source of Information – Provided by the Vendor or the Vendor’s agents

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Price of $650,000 includes Stock of circa $75K as well as 4 x fully equipped vans and 2 x vehicles
Auckland
SOLD Dec 17 plus GST
Building and Construction 
Listing ID DV10466

Price

SOLD Dec 17

Ivan Tava

Business Sales & Transition Specialist
Licensed under the REAA 2008

Divest Business Sales

B:HIVE
Smales Farm
Takapuna 0622
Auckland
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