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 |
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
Domain-Verification.pdf
(213.1 KB)
Certificate of Incorporation
(587.3 KB)
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.
- 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
-
Earlier than 15 daysSenior Consultant, Green Energy, Auckland, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMD, Property Developers, Auckland, Individual Investor / Buyer connected with the Business
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