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*** SOLD ***
Exclusive Flooring Business in Cambridge
Listing: #19731
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About this Business for sale in Waipa
Exclusive Flooring Business in CambridgeThis well-established flooring business of thirty plus years is the only one of its type in this beautiful and affluent Waikato town. • Fantastic New Zealand suppliers in place who import from around the world. They provide quick delivery on orders, thus minimal shop stock required to be held. • Supplies flooring to home renovators, local builders and flooring tradesmen in the district. • Staff are the owner and 1 other full time person - all which is needed to successfully run this business. • Only operating 5 1/2 days a week, and closed for 3 weeks at Xmas. • Cash surplus to the working owner, after all expenses was $93,000 for the 2015 financial year, with plenty of flexibility for time off and holidays in a year. • Lease 37K per year, and premises located in a visible and high profile spot within the centre of the town. This business makes sense - living in a beautiful place, not working long hours, earning a good income, and taking on a very established business. Contact broker for more information.
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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.