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“When times are tough, our business grows. When times are good, our business grows.”
This business is in a rapidly growing market sector consistently achieving excellent growth in revenue and margins.
Based in Tauranga, they offer sales, installation and servicing to the greater Bay of Plenty area from Opotiki to Waihi and across to Matamata.
They have a number of different revenue streams which have been built up over the years; some of these provide recurring income.
The current owners work full-time and have defined roles within the business. They have two staff members (one part-time). This business would be very suitable for a couple who wish to work together or one owner who could then employ an administration person.
The business has excellent systems in place with a comprehensive and customised CRM package.
Their consistent growth has been achieved with little marketing input although they do have a well-designed and attractive website.
The new owner doesn’t need specialist knowledge and can expect substantial vendor assistance and training.
2011/2012 cash surplus to two working owners was over $114,000 with management accounts indicating a cash surplus of over $150,000 for the 2012/13 financial year.
This opportunity delivers:
-A high growth sector
-Large client base
-Solid and growing revenue streams
-Option to work from the current office or could easily work from home.
If you want a serious business in a growth market then call me to discuss.
*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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