This outdoor living business presents a great opportunity for a new owner on two fronts, and with an EBPIDT (surplus before owner takes a wage) of $190,000 in the last financial year, it represents excellent value.
So what they do is provide outdoor living solutions for customers by listening to their needs and providing options. The vendor has developed a specific product suite that is specific to them and people like that they can get what they want without the need for consents. The other area of specialisation is that they have the exclusive rights in New Zealand for a specific brand of product that dovetails into the business, but has so much opportunity with a distribution model and has been relatively untapped. The vendor has spent quite a lot of money previously getting the product BRANZ approved in NZ but has not had the time and energy to really focus on this.
Once the client has signed off on the quote, they are placed on the board and teams of reliable sub-contractors carry out the work to the requirements specified. This is not particularly complicated but an understanding of building work would be advantageous.
The vendor is looking to retire and pass on the reigns to someone with more energy. MTM lease currently, which can be renewed with landlord, or relocated.
Price $300,000 plus stock of approximately $15,000
Call Daren Leng - 021 0278 6045 today for more details.
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