Do you want to own a thriving business and be your own landlord? Then this could be the one.
The business is a large painting contracting business with a consistent turnover of more than $3m a year. For this financial year to August (5 months) the business has provided a surplus to the owner (EBPIDT) of over $200k, with a very healthy order book ahead.
The business has a significant number of vehicles on the road and the total tangible asset value is over $220,000. There is a strong management team in place with a number of full and part-time staff, as well as a strong base of contractors that have been with the company many years.
The commercial property is just under 300m2 and it is where the business is operated from. All earthquake strengthening work has been completed.
So if you want to have a growing business and have your destiny in your own hands, then you need to take a look at this excellent opportunity.
Price $625,000 including estimated stock value $5,000