About this Business for sale in Christchurch

No need for industry experience.  The vendor feels you will easily learn the tricks and trades of the industry.

In the spring of 2017, this business only had 3 full time painters, a part-time manager and owner-painter. Two years later, this business has grown substantially and although the owner, at the time of purchasing the business, did not know much about painting, he certainly understands business, management and what it means to create team-spirit and applied these skills in the business.

This business is very profitable and is currently averaging $20,000 plus per month in profit to the owner for 2020 financial year to date. The vendor projects that this profit is sustainable in the future.

The ideal purchaser:

  • does not necessarily need industry related experience;
  • has a go-for-it personality and a zest for life;
  • is willing to learn new trades and methods and willing to apply these;
  • strive to build and maintain strong relationships with suppliers, current clients, customers and contractors;
  • understands the importance to recruit and retain experienced staff.

These are the reasons our vendor feels the purchaser can be successful from day one as the business has:

  • Excellent relationships with clients, suppliers and contractors
  • Diversified range of services
  • Excellent trade discounts with suppliers.
  • Very effective, efficient and qualified staff and trades men
  • Continuous workflow from contractors and other clients.

Our vendor has invested a lot of money, time and other resources into building this business to where it is today.  There is no need for the purchaser to go through the same learning curve and our vendor is happy to provide a reasonable period for handover, training and assistance.

If you struggle to see the benefits, there is always ‘Specsavers’!  Our vendor is committed to sell to a serious purchaser who is willing to offer them $500,000 plus.

Do not delay in giving me a call to arrange a broker meeting to discuss this highly successful business. 

NOTE:  SDE* of $258,000 is based on the projected performance of the business for 2020.

*Seller Discretionary Earnings (Total Owner Benefit).

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

***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. Please contact the broker for further details.

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*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.

Listing: #CS00479
Price: $400,000
Profit*: $258,000
Sales Revenue: Refer to broker
Canterbury Region, Christchurch
Services, Garden/Household
*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.

*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.

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