An outstanding opportunity to acquire a specialist furniture finishing business with nearly 30 yrs of trading history, an established reputation and loyal customers throughout Otago.
Generating over $650,000 in annual revenue and average annual Seller's Discretionary Earnings (SDE) of approx. $175,000 over the past two years for a working owner, this business offers an attractive opportunity at an asking price of just $320,000.
Key Investment Highlights
• Attractive purchase price: $320,000, representing approx. 1.83 times average annual SDE.
• Established revenue: Over $650,000 annually, supported by repeat business and referrals.
• Experienced team: 3 full-time staff, including the owner, plus a part-time admin. assistant.
• Purpose-equipped workshop: Three dry-back spray booths, a contained pressurised booth, compressor and air-drying systems, dust extraction and a Toyota Hi-Ace work van.
• Strong regional presence: Serving joiners, construction companies and private customers across Dunedin, Oamaru, Queenstown, Wanaka and Central Otago.
The Opportunity
Ideal for an experienced tradesperson ready to take the next step, an existing operator seeking expansion, or a buyer looking for an established business with proven earnings and room to grow.
With nearly three decades of industry knowledge, an established team and specialist equipment in place, this is an opportunity to acquire a proven business at an attractive price.
Price $320,000
Contact Ricky Cockerill - 0274 181 889.
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