13 Empire Street
Kaitaia, Far North District
SOLD

Thriving and Reputable Kaitaia Plumbing Business

This is a unique opportunity to invest in a thriving, well established, reputable local family owned and operated plumbing company.
Servicing the community for over 48 years, the founding owners are well over due to retire leaving a golden opportunity.
Rogers and Rogers is a thriving, successful, local mainstay, with a strong team culture anchored by key long term staff members. At present there are 6 plumbers, 1 apprentice and 2 laborers with the office and retail arm run by a team of 4.
In addition to Plumbing, drainage and gas fitting the business specialises in ongoing maintenance and services an extensive existing client base. An onsite specialist allows for servicing of gas appliances and pumps.

The financial performance of the business is very strong with consistent 7 figure sales revenues and a book value cash surplus of circa $200k in 2022.
The fully operational business space includes an established retail area, workshop, 4 fully equipped offices, lunch room with the fixed assets, fixtures and fittings of these areas included in the sale.
A fully fitted fleet of 7 vans and a fork-hoist are included along with specialist drainage equipment.
Additional Stock value is estimated at $300,000 (plus GST) and is included in the sale.

In the prime location corner site of Matthews Avenue and Empire Street and a few hundred metres from Kaitaia's main street with the option for the new owner to secure a long term building lease.

Whether you're choosing lifestyle or looking to expand this is an amazing opportunity for either an existing plumber or a company acquisition looking to diversify to secure a proven work model.

Our motivated vendors have priced to move on.

Call Sean Stratton on 0204 1112307 for further information

Open Homes

Property Features

Property ID: KAA30508
Land: 1010m2
Listed By:Far North Circle Real Estate Limited Licensed REAA 2008
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Sean Stratton, Managing Director / Licensee Agent at Ray White Kaitaia