Professional Services

SOLD: Heat Pumps & Electrical in Lower Nth Island

Retiring owner after 30 years in business

Address Lower North Island location available on application

Location Manawatu / Whanganui

Sales Weekly sales average of $46,000 (GST Incl)

Asking Price $1,125,000

Listing ID KA1869

SOLD by Mike Ponsonby

This diverse revenue business has stood the test of time.
The retiring owner says fresh energy is required to drive it to the next level. There is a loyal, top performing team in place that are keen to stay on. The customer base are great payers and have been built up over nearly 30 years. Plenty of room to grow the business in this booming lower North Island town. The owner is prepared to offer a transition to suit the purchaser.

Business Highlights
- Robust Profit & Loss post Covid
- Three year average revenue growth 8.5%
- Great lease with 2% rent to turnover ratio
- Loyal, hard working team
- Great range of blue chip clients – reliable payers
- Four years of 'bank-friendly' accounts
- Consistent / reliable team in place

Great business, great profits and great information for due diligence. Call Mike today on (021)450-049 to discuss what a good deal looks like.

Asking Price: $1,125,000 + Stock
Listing ID: KA1869