A wonderful opportunity to acquire this outstanding, well-established electric gate company, within such a growing niche market.
With the rapidly increasing number of ram raids, burglaries, and the worsening crime situation in New Zealand overall, particularly in the Auckland region, this business is and will always be in high demand.
The business specialises in the installation and repair of electric gates, car park barriers and pedestrian turnstiles, intercoms and access control systems, and electric security fencing installations. The business imports most of the hardware componentry and electronic equipment from a number of reputable manufacturers overseas.
Operating mainly within the greater area of Auckland but also reaching as far as Waikato and Northland.
The current owner has built up the business and created a strong base with exceptional history and quality products. The company has a current customer base of several hundred clients, both commercial and residential, with some fantastic testimonials, ensuring the continued success of this business.
After approximately 15 years of successful and enjoyable trading, sadly, due to family circumstances, it is reluctantly offered for sale.
Showing excellent annual profits in excess of $340k, and increasing yearly as shown in recent accounts. This is a non-seasonal business that has also not been affected by COVID-19.
There is massive potential to increase the profits here: boosting sales of gates hardware and automation equipment to trades and DIY enthusiasts, offering service contracts to all existing and new customers, and advertising on social media platforms - just to name a few.
Our client will work alongside the new owners to ensure a smooth handover. With an excellent fully established business in place, this would be an extremely attractive proposition for an individual looking for a niche business in this growing specialised sector or as a bolt-on to another business operating within the fabrication or security industry.
The estimated stock is $200,000, but this does fluctuate based on consumption, stock in transit to NZ and overseas delivery times etc.
Price $850,000 Plus Stock, Plus Work in Progress at Settlement.
Contact Peter Nota - 021 507 313
For a confidential discussion, please complete our online confidentiality agreement.
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