Otago / Otago

Managed Painting & Decorating - $650K Profit

Web Ref #36510
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Particulars

Address:
Otago
Price:
$2,200,000
Listing ID:
36510
Category:
Services

Otago - $2,200,000

Wrens Painting & Decorating has been one of Otago's most trusted trades businesses for over 130 years. With $4.5M+ in annual revenue and approx. $650K+ in managed profit, this is a business that runs without you - backed by an experienced team, loyal clients, and consistent demand across both commercial and residential markets.

Buy with confidence
• $4.5M+ annual revenue with approx. $650K+ managed profit
• Reliable, recurring revenue from long-standing relationships
• 34-strong skilled workforce operating without owner involvement
• Strong repeat client base across commercial, industrial, and residential sectors
• Dominant market position throughout the Otago region
• 130+ years of continuous trading history

Revenue is earned across a broad mix of commercial contracts, industrial projects, and residential work — reducing reliance on any single client or sector. The business enters the market in a strong trading position, with an established project pipeline and consistent demand across its core sectors.

Day-to-day operations are managed by an experienced team, with systems and processes in place that support a smooth ownership transition.

Low owner reliance. The existing management structure means a new owner can step in at an oversight level from day one.

Current capacity supports growth through expanded commercial tendering, increased residential marketing, and geographic extension into neighbouring regions. The brand, team, and systems are already in place — a new owner can accelerate growth from an already strong base.

Don't wait, contact Ricky - 0274 181 889 or Mat Nicolson - 021 55 0134 for a full information pack!

Price $2,200,000

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Particulars

Address:
Otago
Price:
$2,200,000
Listing ID:
36510
Category:
Services
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