Extremely Profitable Business Looking for a New Owner

Time overseas has made the owner realise that his is where his priorities lie. He now wants to spend at last six months at a time overseas and hence wants his business sold.

There is no doubt this is a good business – plus it’s a business which provides a very good return to the owner.

Well trained staff means that the current owner’s input has been just 15 hours a week.

This is a business that has run the gauntlet, with all that the last few years has thrown at us.

Last year saw a return to the owner (SDE)of just over $1 million. Initial forecast for FY2025 showed a higher SDE but actuals are a little lower at the 6 months stage. Still not bad for 15 hours work per week.
 

What is the business – Exquisite Tiling Hawkes Bay:

Exquisite Tiling has built a great reputation of not only doing exceptional quality work but also turning up on time which is extremely important in builders’ schedules. Their great reputation is seeing more and more builders turning to them for their tiling work.

In the last couple of years, the business has been committed to a large project which meant they had to turn away a lot of work. With that project all but completed they have now been able to commit to many new builders and the work is piling in.

The business works to a fairly simple premise – they supply the labour, grout, silicone etc and the customer supplies the tiles. They will source tiles on occasion but the majority of the time it is a labour only process. On all jobs a 30% deposit is required with the balance on completion and that is usually paid within seven days.

The business is now in a great position to grow even further, more staff means more work can be achieved in the same time.

The owner will provide full training.

Price: $1.5 million (includes all Plant & Equipment and vehicles)

Connect with Cathy now to discover more!

Cathy Thomson, 027 592 6600, cathy.thomson@linkbusiness.co.nz

***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. 

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