Painting Business, Rotorua
Painting & Decorating
ActiveConstruction & TradesBay of PlentyB2C
Asking price
$300,000
Disclosed · NZD
Revenue
$548,000
TTM
Earnings
$350,000
Implied multiple
0.9×
asking / earnings
Brief
- Painting business operating with contractors under a part-time owner
- Full order book with continued growth
- Highly skilled staff and a loyal customer database
- Around 70% gross profit on current work
- Owner retiring; option to install a manager and run fully managed
- Well known in the community with a strong reputation
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