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Multiline Utilities Company for Sale in Christchurch, New Zealand

Christchurch based independent type 1 electricity retailer plans to sell the business.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales INR 4.7 crore
Run Rate Sales INR 7.5 crore
EBITDA Margin Nil
Industries Multiline Utilities
Locations  Christchurch
Local Time 8:56 AM Pacific / Auckland
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 15.5 crore (Native Currency: NZD 3,000,000)
Reason: Some directors and shareholders have other business interests that they would like to focus on.
Includes physical assets worth INR 5.2 lakh
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- New Zealand based business that purchases electricity and sells it to customers.
- We purchase from the NZX and directly off generators with CFDs and sell it to residential and business customers.
- Developed a unique model within the New Zealand market to completely open up this market.
- 44% consumption growth in the past month.
- 70% market coverage in New Zealand within 2.5 years.
- Have 400 clients. 67% residential clients and 33% commercial. On a consumption level, it’s 65% business and 35% residential.
- Secured lead sponsorship of Christchurch City Council's largest event this year and next year.
- Secured lead sponsorship of the world's first EV Rally car through Hayden Paddon.
- We set-up the business and got to market within 6 months, typically it takes 18-24 months.
- Currently at the break-even stage, as we are still a start-up business.
- Physical assets include furniture and computers.
Products & Services Overview
- We purchase electricity from the NZX and directly off generators with CFDs and sell it to residential and business customers.
- Type 1 and type 2 retailer setup with back end functions.
Facilities Overview
Have an office space on the 1st level of a building in Christchurch. Lease expires in 3 months and it can be renewed.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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