Essential Services Business Waikato
Listing: #EL02201About this Business for sale in Waikato
Essential Services Business WaikatoGovernment recognized essential services business operating profitably during the current lockdown.
A risk adverse Media Distribution Franchise business, No sales, marketing, lease, bad debts, competition or stocks.
Move quickly – this is a rare opportunity in today’s market. This market leading franchisor reports 57% of his revenue from print media.
The franchisor reported an increase in readership of 3.6% last year. This franchise is ideal for a local person/couple with a hands-on approach, an eye for detail and strong people management skills.
You will take over an existing team of experienced, part-time delivery persons, work 3-4 early hours, 5-7 days a week on a 5+5 years franchise agreement.
As with most franchise agreements the price reflects no end of term renewal rights. Hence, you amortize 10% of the value of the business every year to zero value at the end of the term.
In the present employment scenario may result in diminished problems in recruiting staff. You will need to be resourceful and operate within the norms stipulated by the franchisor.
Contact Neville Choksi M 021 059 9519 T 09 555 6038 E neville.choksi@linkbusiness.co.nz Reference: EL02201
*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.