With interim numbers in for the 2024 financial year, this business is showing that it had a great year. The Sellers Discretionary Income (SDE) is up by over $100,000 on an already great return in 2023.
Home based business which has 3x full-time staff and one working owner.
A steady stream of work comes from many building companies and businesses for who they have become the 'go-to' installer. There is so much work in fact, that the owner needs to put on another two staff to meet the current need.
The business comes with a new Electric Van. Changing to an electric van has been a huge cost saving for the business.
Operating for over 10 years gives a new owner confidence that this is a business whose services are in great demand. There is a part of the business that the owner says is currently 'lying dormant' as he doesn't have the time or staff to include it. This is ventilation and 'blow-in' insulation. The business has the Pumping machine. A new owner will just need to employ more staff and get that side started to increase turnover and profit even more.
This great home-based independent insulation business is ready for a new owner. It has good income and a good return to a working owner. All contacts are in place and this will make for a smooth and seamless transition.
Full training will be provided by the out-going owner. He says 'it is an easy business to learn'.
Owning your own business is something many Kiwis dream of and this one is a good one. Established, good contacts, plenty of work, great growth opportunities that can be realised by employing more staff and on top of that, there is a great owners return.
Price $375,000 (includes Electric van and stock)
Cathy Thomson, 027 592 6600,[email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#buyabusiness#insulation #hawkesbay
Ref: HC00376
Timestamp: 20240919041503
