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*** SOLD ***
Homebased Part time Growth Potential 50K Net
Listing: #13330
Peter Redward
Broker | Bay of Plenty
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Tauranga
Homebased Part time Growth Potential 50K NetPrice slashed to sell !! Netting $50K so absolutely ideal for any person wanting a fulltime income from part time hours of their choosing. This business owns approx 65 automated coffee dispensing machines, 44 of which are currently sited in various businesses around the Bay Of Plenty area. The other 21 could also be sited however, the current owner’s reluctance to "cold call" means this hasn't happened. • The owner works just 20 hours per week visiting the various sites to clean & restock the machines. • Large plant value depreciation claimed means little, if any, tax is paid. • The businesses, in which the machines are sited, pay monthly for the number of cups of coffee dispensed to their staff. • The machines can also dispense other drinks such as hot chocolate. • Current turnover averages over $11,000 per month with a 50% G.P - very good money for the hours worked. • The only expenses, apart from the cost of the product, are the running costs associated with the vehicle. • Homebased needing just a garage or shed to store spare machines and spare parts. Bring your people skills and enthusiasm and grow this business. The vendor is keen to retire and has just dropped the price by over $40,000 to get it sold. To find out more contact me for a CA form to complete and I will be in touch.
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This listing is no longer taking enquiries as it is SOLD
*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.