Embroidery & Promotions Returning owners $300K

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.