Anchor, blue chip franchise with ongoing growthListing: #HC00087
About this Business for sale in Central North Island AreaAnchor, blue chip franchise with ongoing growth
This provincial North Island Anchor franchise has seen significant growth in the time that the current owners have owned it.
Hard work and dedication has resulted in money-saving systems being put in place, which have streamlined the operation.
As well as selling the iconic brands like Mainland, Kapiti, Primo, Country Goodness, Perfect Italiano etc, the franchise agreement allows for selling other third-party local products which is a good add-on for the business.
Strong advocate of Milk for Schools and Kick Start Milk, delivering to a large percentage of primary schools in the franchise area.
Year on year growth resulted in 2019 EBITDA of $384,000 with 2020 being projected to be even better at $515,000 +.
Multi truck operation - trucks have been well maintained and are on a servicing rotation to ensure their productivity is not compromised.
The franchise is well supported by the banks and full financials will certainly make for easier finance applications.
Full and comprehensive training will be provided by Head Office and the outgoing franchisee.
Price $995,000 + Trucks + SAV
+64 6 833 6636
+64 22 156 9330
*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.