Cash Flow Distribution WaikatoListing: #EL02201
About this Business for sale in WaikatoCash Flow Distribution Waikato
Are you looking for a risk averse, part time media distribution business that has no sales, marketing, lease, bad debts, competition or stock?
Look no further. This market leading franchisor reports 57% of his revenue from print media.
Revenue in this large franchise territory has jumped by 97% since November 2016, while current weekly revenue sits between $14-15k including GST and is paid regularly.
The franchisor reported an increase in readership of 3.6% last year. This franchise is ideal for a local person/couple with a hands-on approach, an eye for detail and strong 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 a 5+5 years franchise agreement.
As with most franchise agreements the price reflects no end of term renewal rights. Hence, you amortise 10% of the value of the business every year to zero value at the end of the term.
It has been reported that getting reliable staff has been difficult in recent times. You will need to be resourceful and operate within the norms stipulated by the franchisor. However, the current owner informs that they have had no such difficulty and are operating within the required performance norms.
Contact Neville Choksi
M 021 059 9519
T 09 555 6038
+64 9 555 6038
+64 21 059 9519
*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.