Commercial Property Maintenance Business, Auckland
Property Maintenance
ActiveServicesB2B
Asking price
$439,000
Disclosed · NZD
Revenue (est.)
~$900,073
Estimated · comparable listings of this type and size
EBPITD
$245,000
Implied multiple
1.8×
asking / earnings
Brief
- Commercial property maintenance business in Auckland, founded in 1996, providing outdoor services to commercial building owners and managers (B2B).
- Almost all work is recurring for existing long-term clients, many under written agreements; services include carpark cleaning, lawn mowing and weed spraying.
- A low-hours operation (two people, around 20 hours each per week) with an average three-year profit of $245k; respected for reliability and quality.
- Owners retiring; growth via added services, areas and marketing; asking $439,000 including plant and any stock.
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