The bulk of the business is derived from an essential and growing segment of the construction industry. The products are a critical aspect of both new build and retrofit. With a simple business model, excellent supply arrangements, ongoing demand and limited staffing requirement, this Auckland based business is a reputable and well established name in its niche sector that has shown rapid growth and has further opportunity.
The imported products they supply directly to the trade also have a number of applications in other industries and along with significant further opportunities throughout the country with the existing core business there is plenty of scope for future growth.
Retiring owner will provide a lengthy transition period and may contract back to a suitable purchaser.
Turnover is forecast to exceed $7 million in the current financial year with a resulting EBITDA forecast of circa $1.3m.
Asking price : $6,000,000 (+GST if any) including stock ( circa $1.4m) and fixed assets.
Opportunities like this don't become available every day so don't delay in contacting a member of the project team.