Price
$290,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Coromandel Peninsula Region, Thames-Coromandel
Category
Food/Hospitality, Convenience Store
Listing #
14207
This business has a very profitable niche in one of New Zealand’s most popular holiday destinations. With no competition nearby, it has a number of income streams which generate substantial cashflow and a beach lifestyle. The 2 bedroom accommodation completes the business opportunity for an astute and ambitious purchaser. This multiple income stream business is on a great site with the dairy being bright, clean and well-appointed. Most of the plant is less than two years old. The takeaways is attached to the dairy with easy access between the two operations allowing for easy management. Opening 5 evenings per week, it is very popular, with the nearest competition being 2 kms away. The hire business takes advantage of its proximity to the beach, hiring out watersports equipment, bikes and motor scooters. The 2 working owners have capitalised on the potential of this superb location and provided the opportunity for new owners to build on the benefit of their hard work. You must see this business to appreciate the opportunity.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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