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Sold

REDUCED by $45K!! Top Pizza Franchise

SOLD

You would have trouble finding a cheaper entry level price for an established franchise with an annual turnover of over $700K. This is a seriously good deal for a well established franchise with a great turnover. A new owner could capitalise from the Vendors willingness to move this business. Located in Rotorua and established in 2007 this business has a strong local following then flourishes over the busy holiday periods.

The current Vendor has other business ventures that detract from this operation and leaves him no family time. This business would benefit from a true owner operator to see its full earning potential. This is smart business buying as this type of franchised business would usually get a multiple of around 3 times due to the fact that they are a proven business model and offer a level of security for a buyer. This multiple is under 2 with maybe even more room to move.

Currently returning roughly $80K to a working owner this store could see far more profits from a hands-on operator who can reduce the staff costs and promote to the surrounding motels and businesses.

Asking Price Only: $150,000 plus stock NEG! To find out more, please submit an online Confidentiality Agreement for listing #1560 by logging onto www.barkerbusiness.co.nz and register your details. Once Alan receives your expression of interest he will be in touch. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2013

Details

Region Bay of Plenty
Price SOLD
Business ID BBS1560
Category Food/Hospitality

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