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*** SOLD ***
Tradesmen! Want to Earn More than Wages ?
Listing: #15270
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About this Business for sale in Waikato
Tradesmen! Want to Earn More than Wages ?Love to down your tools? Tired of all that physical work? Put all your knowledge and experience to good use in this well-known, long standing, solid, retail hardware franchise business located in the Waikato. Selling great quality trade and DIY tools this business enjoys all the support and benefits of a well-established Franchise. Through good old fashioned service the current owners have built up a very loyal clientele. The Franchisor imports power and hand tools and works with preferred suppliers passing on buying benefits to the franchisees. They have their own branded tools and are constantly looking to expand their range of products. The Franchisor is open to franchisees adding in other products they see would add value. Turnover has increased over each of the past 3 years with 2012 sales of $804,198. Sitting in the top third of the NZ franchises there are further opportunities to increase sales. Excellent lease in place with rent at $35,000 per annum. It is currently run with one working owner and 2 fulltime staff who would probably be very happy to stay on. The vendor advises that the business could be easily run by a husband and wife team earning approximately $135,000 per annum. Now that beats wages! First time on the market in 2 generations - what an opportunity and boys toys galore! Call today.
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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.