Media Tycoon Waikato

Waikato

$230,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c3w377



Are you looking for a risk averse, part time media distribution business that requires no sales marketing lease, bad debts, competition or stock?

Look no further, this market leading franchisor reports 57% of his revenue from print media.

Revenue in this large franchise territory jumped by 97% since November 2016, current weekly revenue between 18-19k including GST paid regularly.

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 who has an eye for detail and strong 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 and get a remainder of 5+ 5 years territory rights (approximately 5 years). 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.

It has been reported that getting reliable staff has been difficult in recent times. You will need to be resourceful and operate within the norms stipulated by the franchisor, however the current owner informs that they have had no such difficulty and are operating within the required performance norms.

Strict confidentiality criteria applicable. For details http://www.linkbusiness.co.nz/EL01651 Please click on "ENQUIRE NOW" to complete an online confidentiality agreement.

Contact Neville Choksi M 0210599519 T 09 5556038 E: neville.choksi@linkbusiness.co.nz

Reference: EL01651
Ref: EL01651
Timestamp: 20190119054517

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