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*If you are looking for a simple and easy to run business, here is the one you may not miss.
*This well-established backpacker business is located in Blenheim, South Island. *Total 15 rooms, 58 beds, 9 showers and 11 toilets, also there are 19 car parks with licensed campervan site.
*2020 annual turnover is about $220,000, current annual rent is $34,000+GST.
*The shop is easy to manage by one person.
*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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