A Leading Home Builder
About this business for sale in ChristchurchA Leading Home Builder
This Canterbury based business has a successful history of profitable trading.
An attractively positioned office and show home that's located in a high growth subdivision.
The new owner will benefit from the excellent operations procedures and systems providing a platform for continued long term growth.
The company provides a large range of plans which include ready-to-build options or an in house design-build service.
The business is strongly supported by the preferred suppliers.
Dedicated admin, construction and sales staff are complimented by teams of experience contract builders and sub-subcontractors.
Recent years EBPIDT average $720K and 2017 exceeded $900K. Outlook for the current year indicates continued growth and full pipelines.
Owners need to sell for personal reasons and will offer extensive Vendor assistance during transition.
Strict confidentiality applies. The identity of the business will only be disclosed once a confidentiality agreement has been signed. Purchasers will need to demonstrate financial capability and relevant business experience before detailed information is made available.
Asking price $1,995,000
+64 3 366 3394
+64 21 334 865
*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.