Attention: Those who like investing in early stage businesses in high growth industries, and those who don't like paying a big goodwill factor.
This business got off to a tough start so don't bother picking up the phone if you want 5 years of solid profits for next to nothing. This business is priced to reflect exactly where it is at - it has hit critical mass and is now generating strong cash surpluses ($35K last month). In a year's time it will likely be worth considerably more.
Taken over somewhat unexpectedly by the current owner, just one year ago, this business is now growing fast with a strong operational management team in place and four crews on the road.
It comes on the market because the owner wasn't expecting to run it and it is not part of his plans for the future. Hence this is a rare opportunity to pick up a clearly positioned business operating in a very high growth area at an early stage of its development. Equipment, team, systems, processes, customers and reputation are all in place, and the business is generating strong cash flows in the booming Wellington Region property and construction market.
The owner has got this business forging ahead in just one year with commitment of a maximum of just two hours per day. The business will benefit further from the attention of an owner/operator bringing day to day attention and energy, or an existing scaffolding operator looking for expansion.
Price $765,000
