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After 8 years of hard work the current owner has decided he needs more time so has decided to sell this business on the top of its game. The business has had a major refurbishment done over the period of its current ownership and now offers a very comfortable environment for its clients and workers alike.
Situated on one of Tauranga’s main roads but with a discreet rear entrance, this business has developed a strong client base resulting in a great weekly turnover. All facilities are set up on site including full laundry and manager’s kitchen so the new owners could live on site if desired. A comprehensive security system is in place including CCTV coverage of the public areas which provided good security to staff and allows good management control of the business.
They have a solid lease in place with right of renewal until 1st January 2023 and with the consistent turnover the current owner has built the figures to this business represents a great opportunity to anyone who has ever wanted to get involved in a business dealing in this age old profession.
*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.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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