For the first 15 weeks of this financial year, the business has averaged $26K (excl. GST) in sales per week, and over $5,000 in Net Profits per week, to two working owners. This long-established outdoor living business presents a great opportunity for a new owner looking to get into business and grow from there.
The excellent start to this financial year is backed by an agreement to build several outdoor areas for a particular client. This could be the making of an ongoing relationship, but the owners are having a good year so far in any event. As you would expect the order books are filling up fast for the spring/summer and this is a great time to buy.
What they do is provide outdoor living solutions for their customers, decks, pergolas, etc. The vendor has developed a range of product offerings with one system that they own the IP for. The vendors' main role is client-facing, consultation, and quoting, with the other primarily admin/office focussed.
Reliable sub-contractors who have been with the business for many years, carry out the work to the requirements specified. This is not particularly complicated, but an understanding of building work would be beneficial.
The business model has held them in good stead over the past few years, and even though they had a lockdown effected business last year, they still managed to clear over $150,000 in profits before taking a wage.
The other area of interest is that they have exclusive rights in NZ for a range of products, which has so much opportunity via a distribution model. This is a global supplier, and the vendor has spent quite a lot of money previously in getting the product BRANZ approved in NZ. Unfortunately, the vendor has not had the time and energy to focus on this, so it remains relatively untapped.
Relocatable to anywhere in Auckland, the business is run from a small storage facility with office space and has a flexible lease arrangement, but it could also be run from home with storage capacity.
The vendor is motivated to sell and is keen to meet interested parties as he is looking to retire. A thorough handover and vendor assistance will be provided.
Price $250,000 plus stock of approximately $15,000
Call Daren Leng - 021 0278 6045 today for more details.
For a confidential discussion, please complete our online confidentiality agreement.
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