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Bartercard Property

FREE PHONE 0508 BARTER
0508 227 837
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View our testimonials to see how business owners increase their profitability
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We had a fairly substantial amount of Bartercard Trade Dollars to spend and wanted to use most of them in the property market, after some consideration we decided to purchase a property that would provide income - not just long-term capital gain.

- Nikki Barrett
bartercard australia
 

Wellington - Commercial Cleaning Business - Great Cash Flow


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RegionWellington
Property Type-- Not Applicable --
Asking Price $790,000
Trade Dollars $250,000
Cash Dollars $540,000
Price Notes31.6% Trade
VendorClean Aid Direct
021 0839 5258
csmith@protectyourrisk.com
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Profitable Business For Sale

The client is the owner of a well-established commercial cleaning business, with predominantly Wellington-based customers (90% plus). The business has been in operation for approximately 15 years. Customers are comprised of Government (56%), Corporate (16%) and others (28%). More than 90% of receivables are collected within 30 days following invoice.

For the 2017 financial year the business reported the following:
Revenue - $850,000
Gross Profit - $643,000
Net profit before Tax and Owners Salaries/Dividends - $274,000

Year to date results for the 2018 financial year are similar to the above.

Interested parties should e-mail csmith@protectyourrisk.com to obtain a copy of the Confidentiality and Non-Circumvention Agreement that must be executed prior to the release of the following information:

• Financial Statements for the year ending 31st March 2017
• Aged Receivables and Payables as at 31st March 2017
• Management Accounts for the period ending 30th September 2017
• Aged Receivables and Payables as at 30th September 2017

For more information please contact Cameron Smith on 021 0839 5258.

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Contact Us

Cameron Owen

09 414 6837