Essential Services Price Reduced
Listing: #EL02618About this Business for sale in Auckland Surrounds
Essential Services Price Reduced
Government recognised 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.
or contact Neville Choksi, 021 059 9519, neville.choksi@linkbusiness.co.nz, Reference: EL02618
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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*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.