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Refer to Broker
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.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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