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Refer to Broker
Refer to Broker
A well-established sole trader business that has had consistent turnover and growth over the 8-year period that the current owner has had it.
The business holds 6 agencies for the Hawkes Bay region of which the Karcher agency is the one that generates the most revenue – currently about 80% of turnover. The agencies are for new sales, service, warranty and repairs. The current owner has concentrated on the service/repairs side of the business as the demand for these services has him at capacity, leaving little room for new sales.
This is a true growth area for this business and establishing a retail/destination location which showcases the new product, could certainly take this business to a new level. It would also provide a place for drop off/ pick up of smaller equipment/appliances that need repairing.
The need for an admin person is apparent with the current owner trying to juggle doing the servicing/repairs plus take calls plus do invoicing etc. He believes that with the admin being done by someone else, and that time being spent on servicing/repairs, it would see turnover increase by 30-40%. They could also push new sales as well.
This would be a great family business or even could be a bolt on to an existing business.
A wonderful opportunity that doesn’t come along very often.
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.
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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.
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