Best Franchise in NZListing: #EL03288
About this Business for sale in Bay of PlentyBest Franchise in NZ
On offer is a media distribution business operating profitably even during level 4 lockdown.
A risk-averse, home-based business that would suit a couple does not entail sales, marketing, lease, bad debts, competition, or stocks.
This market-leading franchisor reports 57% of their revenue from print media, an increase in readership of 3.6% last year
Unlike most franchises, it has no ongoing fees, has great IT & Admin support. The business accounts of the current franchisee show revenue paid by the franchisor of approximately $15.5k+ per week X 52 weeks annually.
As with most franchise agreements, the price reflects no end-of-term renewal rights; hence, you amortise the business's value every year to zero at the end of the term.
You will need to be living in the Rotorua area or be ready to relocate and operate within the performance norms stipulated by the franchisor.
You will need a hands-on approach, an eye for detail, people management skills, manage periodical staff recruitment/training, weekly payroll filing GST and PAYEE.
You will take over an existing team of the experienced part-time delivery staff, work 3-4 early hours, 5-7 days a week and get the balance of a 2+ 5 years franchise agreement effective 1st April 2021.
Move quickly – this rare opportunity will sell fast /or have multiple buyer situations.
To find out more, go to linkbusiness.co.nz/EL03288 and click on "Enquire Now" to complete an online confidentiality agreement.
Neville Choksi, 021 059 9519, firstname.lastname@example.org
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and completing 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.