Rarotonga Plumbing Business And Land Opportunity For Sale

Business description

Rarotonga business and land purchase opportunity.
Live well and work smart in Paradise.

Very successful and well established Plumbing Business In Rarotonga ( c1973)
Owner / manager of 24 years is now looking to go beach combing

Plumbing Retail and wholesale
Specializing in all aspects of the trade including plumbing, drain laying and gas fitting
Installation and maintenance in all aspects of the trade.
Huge opportunities to capitalize on the 2012 Muri area septic upgrades with 3 million dollar to spend as well as further water supply product projects

Latest: septic replacements have been identified and installations have begun.

Water supply project now likely to be retendered with the last submission around the $900k mark

The business is the preferred supplier of infrastructure products to government
The business ideally suits a plumber/ drain layer partnership.
Big established happy client base and exclusive brand name import product lines.

Priced to sell quickly as a walk in opportunity including 360 square metre workshop/ retail shop,vehicles.

Building valued at $385000.00 with a 58 year lease, so you are getting a almost free plumbing company thrown in with the building!

Building is located on busy main road and is over 360 square metre ground floor as well as having an upstairs area that could be converted to a living area for staff or for a manger/owner.
This upstairs accommodation area needs some finishing work to complete.

Currently 8 staff, 5 vehicles,vacuum pump truck and lots of other equipment.

Call now and take it to the next level.

VAT tax is payable and refundable in addition to sale price.

Current stock valued at retail of $30000.00 to be included at a negotiated landed cost rate.

In addition a low hours Sunward digger trailer combo is available $38k plus VAT

A 2 bedroom apartment is available at $75000.00 plus VAT

Property information

Real Estate:

Real Property Included

Living accommodation:

Unfinished and located above the offices two bedrooms

Location:

Main road location in the village of Arorangi. Prime spot with complementing trade businesses nearby

Premises details:

Recently renovated 360 square metre building
Upstairs accommodation or offices need some completing

Size in square feet:

360 square metres

Planning consent:

None required

Business Operation

Expansion potential:

Unlimited
Company could move into all aspects trade related and a great opportunity to set up a "one stop" renovation service

Competition / Market:

Only one other competitor in the market place offer services with also a number of single self employed workers as well

Reasons for selling:

Other business interests in the accommodation area and after 24 years in this business it is time for a change Would like to stay in the trade but operate as a sole trader and looking at a teaching opportunity in the local trade school

Trading hours:

7:30 am to 4:00 pm
Monday to Friday

this could be expanded on

Employees:

8 employees

Years established:

established 1973 and under my ownership since 1988

Other information

Support & training:

Full support as required for a specific period

Financing available:

No financing available

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$30,000 (included in the asking price)

Website:

Please click here to view the link