Embroidery & Promotions Returning owners $300K

Price

$640,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Bay of Plenty Region, Bay of Plenty

Category

Services

Listing #

19000

Bay of Plenty Services Business for Sale
Bay of Plenty Services Business for Sale

About this business for sale in Bay of Plenty Region, Bay of Plenty

An exciting opportunity to take over a well-established and highly profitable business located in a lifestyle destination in the North Island.

• Sales +$1m with 3 years of consistent growth
• Normalised Cash Surplus to Husband and Wife approximately $300K p.a
• Established 15 years plus • Good lease/s in place • All machinery and plant equipment of high standard and in excellent condition • Long standing and loyal client base
• Solid staff structure in place
• Potential 30% Return on Investment for acquisition (pre interest, tax and dep)
• Mon-Fri operation only
• Comprehensive vendor assistance offered with handover and one owner willing to stay on in the business with the new owners

This business is located in a desirable New Zealand location and has an additional sales office in one of New Zealand's top 3 cities. The owner advises that there remains further room for growth. The business would suit either a motivated new owner operator or alternatively presents an ideal acquisition opportunity. If you want to own and run a very successful business, earn around $300,000 p.a, enjoy weekends off and live in a beautiful part of New Zealand call me today. Asking price made up of $260,000 Tangible, $340,000 Intangible and Stock at $0 EBPITD Multiple 2.35 / EBITD Multiple 3.42 Highly confidential listing – Further details available via the broker.

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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