This long established business is going from strength to strength on the back of growth in the home build & renovations sector, which is set to continue into the foreseeable future. With sales of $1.6m in the last financial year, which provided healthy return to the owners, sales are up 48% in the first quarter of this year.
This successful business has a showroom in a very popular part of Auckland as well as a manufacturing facility in a separate location. The business mainly deals with repeat clients and referrals to provide the right solutions for their homes, which is why they come back time and time again.
They have a trusted brand with great staff, systems, policies & procedures, so a new owner can go into the business, with confidence that all the right processes are in place. The business is a relatively cash positive business, as they receive staged payments from their clients to cover the costs of the work, so no worries about bad debts.
To be the right kind of person to own this business you could either have a sales & marketing background with perhaps some interior design inclinations, or a carpenter/joiner who can facilitate measuring up jobs and making them come to fruition through the team at the factory.
There are options galore to upsize this business, including opening a new showroom or operating a franchise model. Book value of assets including vehicles of $170,783.
So call me, Daren Leng today to see how you can go about buying this exciting business.
Price $495,000 including estimated stock value $15,000
