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Profit from Equipment Hire!
Listing: #EL01864
Martin Plom, BBS, CA
Broker | Auckland - Ellerslie
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About this Business for sale in Auckland Surrounds
Profit from Equipment Hire!The retirement of successful business owners has created an opportunity to purchase a long established equipment hire business. Businesses of this nature are rare and provide excellent earnings to their owners from a substantial and valuable tangible asset base.
This well known business features:
- Long term hire contracts with regular servicing revenue
- Four revenue streams
- Asset book value $1.6M
- Well known brand in it's market
- Strong and growing market demand
- Wide customer spread
- Longstanding customer relationships
- Reliable staff team in place
- Plenty of opportunities for further growth
Bring your sales and marketing skills and take this business to the next level!
The purchase price is well substantiated with financial results and underpinned by substantial plant & machinery value. This is a retirement sale.
Reference: EL01864
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.