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This business is currently operated as a lifestyle business by the existing husband and wife owners. This has allowed them to enjoy substantial time away from the business on travel and other interests while having trusted part time staff to continue on running the business in their absence.
The company focus has been primarily to supply trade (builders, fencers etc) as well as the higher margin retail sector with high quality but competitively priced products and this focus continues to gain the company a reputation for the best custom made panels in Tauranga, which is reflected in its growing customer base. They also have the sales franchise for a range of carports and garden sheds which has not been aggressively marketed at this stage.
The business comes complete, sited in purpose built commercial premises, with all plant equipment and current stock to enable a seamless changeover for a new owner.
There is an economic lease in place with the ability for the new owner to negotiate a new lease to their requirements from 31st January 2014.
The turnover was almost $200,000 in 2013 with further growth expected so now’s the time to get on board and take this well-structured business to the next level.
Note: the asking price of $135,000 includes working stock of approximately $7,000.
*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.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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