SOLD

Property Services business - $280K EBITPD

Owner Works part time from Home Office


The sale of this business represents a unique opportunity to purchase a profitable, high growth, property services business working across both the residential and commercial sectors within the exterior cleaning industry. It derives its revenue from 3 verticals:

• Equipment and chemical supply

• Exterior washing across all areas residential, commercial and high-rise

• Licensing and IP

This business is poised, should the new owner wish, for its expansion from its current profitable Auckland base of operation, consisting of a mix of its own team of contractors plus 3 licensees, to a nationwide franchise network of residential home wash and/or commercial franchises. The commercial sector is serviced by contractors that are commercial specialists. They have the ability to undertake larger commercial buildings, work at height and in confined spaces, where scale or complexity precludes most other operators. This positioning offers the commercial division a position of competitive advantage that commands loyalty and a premium for its services.

Over the 6 years it has been operating the business has become well established in terms of its best practice safety protocols, efficient and effective operating and marketing systems as well as its strong reputation for quality. This has culminated in a high proportion of repeat custom amongst both residential customers and high value, high margin, commercial customers.

In effect, this provides any new owner with a turnkey operation that is easy to operate and relocatable, as well as well as offering a high level of scalability both geographically and/or within each vertical.

The business employs a sales and operations manager as well as a field supervisor to coordinate and manage the activities of its licensees and contractors. The current owner’s role is part time (approx. 20 hours per week) and focuses on overseeing operations, quoting the more complex jobs, assisting with training and expanding the business
SOLD Feb 21
Property 
Listing ID DV10534

Price

SOLD Feb 21

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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Confidentiality Agreement