Massive Profits, Self-Managed, Growth Industry
SOLD
Everyone wants a business that ticks all the boxes, rarely do we find one, imagine the excitement finding this:
- Run under local management for many years while the owner is located overseas
- Your choice, keep it running as is or work in it yourself and make even more money
- It's an industry that will always be required and in some instance an essential service
- Massive market - growth can be organic or diversification into new complimentary services
- The banks like this type of business - substantial Tangible Assets, long profitably history
- Established brand plus with barriers to entry
- Opportunities galore to improve the business, as the current owners mandate to the local manager has been to simply to keep it running - there has been no investment in marketing or need to grow this great business. Huge opportunities abound
- Substantial well-maintained equipment included in price - with spare capacity
- Genuine reason for sale, owner retiring from local NZ business (Overseas vendor)
Average EBPITD for last 5 years = $245,231, 2022 on track to do the same.
Important Note: This is after paying a manager $80,000 to run the entire business, this could also be yours!! Another $80,000 on top of the EBPITD.
Priced to sell with this one - HE WHO HESITATES LOSES. $700,000 inclusive of Plant, Equipment and Intangible Assets.
Reference Number BBS 3218
*Source of information - Supplied by the Business Owner.
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