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A successful business owner seeking to retire has created a unique opportunity for someone to purchase a long-established and profitable building services business. The business services both commercial and residential clients.
Demand for their services continues to grow and is not linked to the construction cycle. Demand is linked to the need for property owners to maintain their asset. Your biggest challenge on a daily basis is determining what jobs to accept and what to decline.
There are significant opportunities to grow the business if desired, or just work 9am to 3pm and manage your experienced team of 6 employees and some independent contractors.
Businesses of this nature offer their owners excellent stable and consistent income with further growth potential and hence they are tightly held and hard to obtain. Auckland based, this business was established 15 years ago and is highly regarded in their sector.
It benefits from detailed operational processes, long held customer and supplier relationships and strong branding in the marketplace. An excellent team is in place. Customer demand supports a further scaling up of operations and opportunities clearly exist for a new owner to grow the business further. This is a retirement sale. The business price is well substantiated by financial results and reflects the scarcity of this type and quality of business.
Sellers Discretionary Earnings are $365,000. Priced at $1,250,000
Reference: EL00911
*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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