Auckland Region
$499,000 includes stock of around $300,000
Retail General
A risk-averse, regular cash flow home-based, media distribution Franchise business. This market-leading franchisor reports 57% of his revenue from print media. This business requires no marketing, has no lease, bad debts, competition, or stocks. The franchisor reported an increase in readership of 3.6% last year. This franchise is ideal for one person, a family, couple, or business partners with a hands-on approach, live locally, an eye for detail, and strong people management skills.
You will take over an existing team of experienced part-time delivery persons, work 3-4 early hours, 5-7 days a week and get the balance of a 5+2 years distribution franchise agreement effective 17th August 2020. As with most franchise agreements, the price reflects no end-of-term renewal rights. Hence, you amortize 20% of the business's value every year to zero at the end of the term.
Move quickly –this is a rare opportunity in today's market and will sell fast.
To find out more or go to linkbusiness.co.nz/EL03613 and press the "Enquire Now" button to complete an online confidentiality agreement.
Neville Choksi, 021 059 9519, neville.choksi@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and completion of a Confidentiality Agreement. Due to the confidentiality of this business, a stock photo image may be used to represent the business.
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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.
*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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