Coil & Sheet steel; Niche Market; Excellent Plant
$495,000 including stock & plant - Christchurch
A very established brand and supplier that has simplified its business model, and fully understands its place in the supply chain. Generating sales of $60-65K + GST per month this business enjoys excellent margins. Its small team of focused and technically capable staff ensures the owner is free to focus on business development and general management.
Stock will be circa $30k and the value of the plant & equipment is assessed at $200k. There are several newer items of plant that have a long and productive life ahead of them, and some of these are simply not available "second hand" therefore provide a strong "barrier to entry" for potential competitors.
This business supplies a wide variety of clients operating within the construction sector, with a definite focus on commercial construction around the South Island. On average 50-65 jobs are completed each month for its clients with little to no advertising spend or marketing.
The owner has seldom worked on the tools with their focus being business development and sales. As a result the business would appeal to:
- A salaried staffer within the building supply chain, keen to get into business ownership and add some value to their own future and brand
- A fabrication business wanting to add up to $500k of gross profit to their business
- A roofing business wanting to expand the scope of their operations, or to establish a footprint in Christchurch
Net Surplus $184,911 EBPITD