Niche Commercial Service - Returned $128k ('17)
- Proposed Usage
- Property ID
This is a good, honest kiwi service business with plenty of opportunity to expand.
The current owners have operated the business to suit their pre-retirement lifestyle and are now ready to hand over the reins to someone with the energy to drive this business forward. There is currently no marketing or advertising carried out as there's more work available than the owners want to do. There are no clear competitors in the wider Bay of Plenty region so it's really a question of where you want to start growing.
The business provides a niche service utilising specialist equipment (no hard labour here!), to a range of high quality commercial clients. The level of repeat business varies depending on requirements but a large portion of the business is scheduled to be repeated regularly.
Financial performance has been remarkably consistent over the years the current owners have operated the business. The real bonus here is that the asking price includes enough equipment to service double the current workload. You don't need any additional plant and equipment for the capacity to double your business.
Depending on your choice of structure, return to a working owner in 2017 was between $128k and $141k.