Once you register as a Buyer you will be able to access all the phone details and many more features
Servicehire Business - 2 Year Ave Surplus $1.05mAdvert Id: 257969, Sellers Ref: (BBS2367)
Location:North West Tas, Auckland
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Forget scaffolding, look at this! This low overhead, high profit service and hire business is far more manageable than the likes of a scaffolding business and more niche with less competition. With 7 long standing experienced staff, the business is easy to manage and highly profitable producing a 2 year average *cash surplus of $1.05M (2017 and 18) and 8 month 2019 YTD cash surplus of $606K.
The business would ideally suit a buyer with an engineering or construction background but this is not a necessity as the owner is prepared to offer ongoing support. There are robust systems in place and the business can be operated from a small office anywhere in Auckland. Currently equipment is kept in a South Auckland yard but there is flexibility around the lease for relocation.
The company enjoys repeat work from a number of customers and there is huge scope for expansion. Plant replacement or market value is *$1M plus (depreciated value $328K) and well maintained equipment has an indefinite lifespan. Growth can happen easily with investment in more gear and with a payback of only around 3 months, expansion risk is minimal.
If you have ever had interest in a scaffolding type business then this is an opportunity that you should investigate.
Asking Price $2,250,000 Including Plant (at depreciated value)
For more, visit [Web Link Censored], register your details and submit the online Confidentiality Agreement. Once Alan receives your registration of interest he will be in touch.
*Source of information - Supplied by the Business Owner.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.
- Company Details : Barker Business Brokerage
- Phone : Click here for phone number
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