Profitable Auckland Painting Business. $400,000 EBITD

This painting business was established in 2017 and has experienced significant growth. It now serves over 50 loyal customers who consistently engage their painting services providing a busy pipeline of work. They have robust relationships with some of Auckland's largest and most esteemed property owners positioning them as a recognised, respected and trusted company within the industry.

This reputation has played a pivotal role in their ability to secure prestigious, high-value projects and has opened the door to many new customers providing a huge opportunity to further grow the business.

The company has an experienced team of highly skilled painters capable of self management and the business has recently introduced a Business Development Manager (BDM) to proactively seek new clients and create a substantial sales pipeline.

Revenue for FY24 have already exceeded $740,000 excl GST in the 4 months from April to July. The current owner works between 10-20 hours per week and his time is spent liasing with the BDM, pricing jobs, planning jobs, accounts payable & receivable and managing administrative tasks.

The sale includes a fleet of 8 vehicles and other equipment providing the new owner with all the necessary tools for a prosperous and profitable future.

This is an established and highly regarded company that will allow you to leverage its reputation and customer base. The business has been well set up from top to bottom.
People often compliment the owner of the business for the tidy branding on all uniforms, brochures, website and vehicles which helps position this painting business as one of the best in Auckland.

Business Highlights
- Established business with history of profitability
- FY23 working owner profits of $400,000+
- FY24 sales over $700,000 (4 months April - July)
- Highly skilled & reliable teams in place
- BDM providing strong pipeline of work
- Includes fleet of 8 branded vehicles & 1 trailer mounted water blaster
- Great reputation & quality website
- Opportunity to grow the business.
- Great handover provided by the vendor

Enquire now to learn more about the portfolio of high-profile projects they have completed, ranging from well known hotels to a chain of supermarkets. Call Keppel Brown today on 021 248 7878 for more information.

Asking Price: $799,000 + Stock
Listing ID: KA2324