High-Return Wellington Flooring Business
Building & Construction
ActiveConstruction & TradesB2B & B2C
Asking price
$850,000
Disclosed · NZD
Revenue
$2,320,000
TTM
Earnings
$627,000
Implied multiple
1.4×
asking / earnings
Brief
- Established in 2023, quickly built a strong position across commercial, industrial and residential flooring markets
- Hands-on current owners driving strong returns
- 43% gross margin
- Broad commercial, industrial and residential customer base, working with most of Wellington's commercial builders
- Established team and Wellington market presence
- Supplies and installs vinyl, carpet, carpet tiles, laminate, hybrid, hardwood flooring and specialist acoustic products
- Suits a working owner, couple or industry operator wanting a strong Wellington foothold
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