Business Sold North Island
Business Category
SOLD
Description
Muck Is Money - $1m Of It !!!
Five Reasons Why!!
1. Part of a $1 billion+ industry - your ticket to the dynamic world of Auckland's thriving civil works sector. Offering eco-friendly, cost-effective, long-term solutions, it's a trusted industry leader.
2. Almost guaranteed income from its largest client, as per a signed SLA, and because its local government, no issues with getting paid!!
3. Valuable fleet of custom-designed vehicles and machinery with a depreciated book valued of approximately $1 million, speculated to have a market value of $2 million+ (The banks will love this)
4. Mitigate risk, while the founder is retiring, his experienced son with 25-years in the business is happy to stay on as General Manager. The owner is available for consulting during semi-retirement, ensuring a seamless transition.
5. Impressive, consistent earnings average $1 million over the last five years. With your fresh energy, these figures can soar even higher!
Impressive EBPITD
2019: $967,059
2020: $1,018,394
2021: $1,268,275
2022: $1,227,098
2023: $947,915
Seize the opportunity today - Don't miss this chance to leave your mark on Auckland's thriving civil works industry.
Asking Price: $2,800,000 (includes approx. $1,000,000 of plant machinery &vehicles at book value)
If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 3513 and submit the online Confidentiality Agreement. Once Richard receives your expression of interest he 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 2023.
Property Code: 3513
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