Electrically or Mechanically Minded? 300K+ Profit

Wellington

$595,000

Proposed Usage
Services
Description:
Property ID
1c0s5tz

Are you electrically or mechanically minded and want to earn a potential income around $300,000 p.a.? This could be the business for you!

This home-based business has been servicing and installing automatic door equipment across the lower area of the North Island since 1992. Having built the business into a highly profitable operation over the past 25 years, the owner of this outstanding business is now ready to retire and let someone new reap the rewards.

With service agreements in place for over 115 customers, who require their automatic doors to be serviced in line with the requirements of the Building Act 2004, and sub-contractors performing over 95% of the regular maintenance work, the business has a solid residual income, supplemented by new installations and retrofit upgrades.

As the business has continued to grow the owner has been able to remove himself from the day to day servicing work and focus his attention on quoting new work, overseeing customer experience and billing, to ensure the business exceeds customer expectations and generates a healthy margin.

This opportunity will provide exceptional reward for a working owner, or offers step growth opportunity in revenue and profit if integrated with a compatible business. With a price point of $595,000, strong, reliable profit performance, a diversified customer base with service agreements in place and further options for growth, this business is too good to ignore.

Price $595,000
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