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Refer to Broker
This reliable business is not only insulated from economic downturns but poised for substantial growth and, even better, it could be operated from anywhere in New Zealand.
The current owner has achieved a ‘fulltime’ income only working 150 hours per year. Even with the significant growth in sales and profit that is expected, the owner only expects this to increase to around 230 hours per year.
This easy to operate business provides products to the roading industry – an industry that was earmarked for significant investment even before Covid-19. It has the sole rights to distribute its products in New Zealand.
This business may be suitable to be combined with an existing business.
Operating in an industry that it poised to benefit from government investment, this business is showing good growth and excellent opportunities await. Industry experience is not required to operate this business as the current owner is prepared to provide full training and a strong transition.
Asking price is $850,000 plus stock, alternatively vendors would consider an upfront payment of $600,000 with an earn out.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: 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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
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