Fully Managed Flooring Business, $161,000 2024 Profit
Business For Sale North Island
Business Category Furniture Manufacturer Repair
$495,000
Description
Fully Managed Flooring Business, $161,000 2024 Profit
The owner of this business is nearing retirement and is happy to provide a two-year transition to a new owner or to train a new manager. At a sale price of $495,000, the profit of $161,000 in 2024 represents a profit multiple of 3 times which is an excellent return for a fully managed business.
The business has a highly desirable reputation for providing quality work in wooden floor installation, polishing, maintenance and repair services throughout the Auckland region. Now in its eighth year of operation, the company has excelled in providing services for discerning customers requiring laying, repair, sanding and staining of floors or specialist requirements such as blonding, parquet flooring and polishing of concrete floors.
The full cost of the current owner’s salary has been built into the P + L, so all the profit goes to the new owner. If a purchaser prefers to learn and run the business him or herself, he or she can add a further $80,000 a year to the annual profit of $161,000, delivering a healthy $241,000 return on an investment of $495,000.
The business runs efficiently using a subcontractor model to provide maximum flexibility to respond to market demands. The owner spends 20 – 25 hours/week generating sales, supervising and maintaining quality control.
This is an ideal opportunity for a practical tradesman to step back from physical, hands-on work and acquire a very profitable business with excellent ongoing training and support for as long as required.
If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 3423 and submit the online Confidentiality Agreement. Once Michelle receives your expression of interest she will be in touch regarding further information about this opportunity.
*Source of information - Supplied by the Business Owner. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2024.
Property Code: 3423
The business has a highly desirable reputation for providing quality work in wooden floor installation, polishing, maintenance and repair services throughout the Auckland region. Now in its eighth year of operation, the company has excelled in providing services for discerning customers requiring laying, repair, sanding and staining of floors or specialist requirements such as blonding, parquet flooring and polishing of concrete floors.
The full cost of the current owner’s salary has been built into the P + L, so all the profit goes to the new owner. If a purchaser prefers to learn and run the business him or herself, he or she can add a further $80,000 a year to the annual profit of $161,000, delivering a healthy $241,000 return on an investment of $495,000.
The business runs efficiently using a subcontractor model to provide maximum flexibility to respond to market demands. The owner spends 20 – 25 hours/week generating sales, supervising and maintaining quality control.
This is an ideal opportunity for a practical tradesman to step back from physical, hands-on work and acquire a very profitable business with excellent ongoing training and support for as long as required.
If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 3423 and submit the online Confidentiality Agreement. Once Michelle receives your expression of interest she will be in touch regarding further information about this opportunity.
*Source of information - Supplied by the Business Owner. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2024.
Property Code: 3423
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
