Homeplus - Huge Demand Strong Profitability
- Proposed Usage
- Property ID
The building and renovation markets in the greater Wellington area have never been stronger and Homeplus Wellington has to turn business away on a daily basis.
Homeplus has become a household name in New Zealand and with over 28 years in the business the current owners have demonstrated consistently strong performance and year on year growth with the Wellington franchise.
Homeplus Wellington has all the hallmarks of a great owner/operator business:
* Annual turnover in 2017 in excess of $1.3m with excellent profitability
* Fully managed factory floor and back office administration
* Well supported franchise with good systems and 27 branches around New Zealand
* Diverse markets with a solid client base of both consumers and B2B
* Nationwide contracts with major property developers
* Room for growth in current premises
* Rent around 4% of annual turnover
The current owners are looking towards retirement but are prepared to give a longer than normal handover if necessary.
This is a genuinely well run and well managed business with a very healthy cash surplus and potential for so much growth.
Call me for a confidential chat about this opportunity.