Upper Nth Island Construction with $875,000 EBIDT
Time for the owner to retire after 30+ years of success
Address North of Auckland, location available on application
Location North Island
Sales Big weekly sales average of $88,000+ (GST Excl)
Asking Price $999,000 + Stock
Listing ID KA2014
On offer is a long-established construction business with a massive customer base built over 30 years. With strong forward work in commercial projects, ranging from local government to commercial design and build, plus a great niche of high margin specialist work. The retiring owner is currently turning work away, but is happy to stay on and offer a robust transition.
There’s plenty of room to grow in this booming North Island area. Ideal purchaser is an LBP or has skills in construction/management. The current owner is prepared to offer a handover to suit the purchaser, including a shareholding structure and buyout over time.
- Robust Profit & Loss during Covid
- Huge forward work
- The dream handover, with ongoing support
- Loyal, hardworking team keen to stay on
- Great range of blue-chip clients – reliable payers
- Three years of robust financial accounts available
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: $999,000 + Stock
Listing ID: KA2014