Telecommunications offers good returns, work-life balance
A profitable, long-established nationwide telecommunication business service is now on the market.
This award-winning business has been operating for just under 10 years and has already received many awards in the industry in that short span of time.
The core business is cable installation to roads, rural, residential and commercial properties.
This business could be a perfect fit for an entrepreneurial person who ideally has experience in managing over 20 staff.
Link broker Serdar Kabul, who has been given the opportunity to take this business on the market, says: “This is a business where you have fixed contracts with the contractors and continued work flowing to the business from those contractors.
“The business has hardly invested a dollar into advertising since start-up.”
The telecommunication business is currently run from an out of Auckland location and can be operated from anywhere in the country with an internet connection and a laptop.
The business has highly experienced employees. “This unique opportunity turned over $1.7m with a good profit of over $380,000 at the last financial year. The revenue has been consistent for the last three years.
“The sale also includes over $240,000 book value worth of tangible assets such as fully equipped vans and other heavy machineries.”
Kabul says this is an exceptional opportunity which provides a very high return on investment) for the investor.
It is on the market for only $659,000 asking price.
Due to the nature of the business, it is a requirement to be a certified operator to be able to operate and own this telecommunication business.
The current vendor is ready to stay in the business after settlement to ensure the new owner receives comprehensive training.
“This will also allow the new owner to learn and gain experience about the business while the previous vendor stays in the operation,” Serdar says.
“This is a really good opportunity for someone who is looking for high return on their investment.
“This business has a unique system where the operational teams, software and phone conversations are managed daily by the vendor thoroughly.
“It is a Monday to Friday operation which provides the vendor a great work-life balance.”